Business Restructuring

3 Months Ended

Mar. 31, 2020

13. Business Restructuring

The Company incurred costs associated with restructuring plans that originated in 2017 designed to streamline operations and reduce costs of $0.0 million and $0.2 million during the three months ended March 31, 2020 and 2019, respectively. The following is a summary of the activity in our restructuring accruals:


	March 31
	2020		2019
Balance at January 1	$	—	$	1,462
Charges during the period		—		168
Cash payments during the period		—		(1,630)
Balance at March 31	$	—	$	—

The restructuring costs relate to the closure of the Baltimore, MD corporate office for Target Parent which resulted in downsizing of corporate employees consisting of employee termination costs. As part of the corporate restructuring plans, certain employees were required to render future service in order to receive their termination benefits. The termination costs associated with these employees was recognized over the period from the date of communication to the employee to the actual date of termination. No further amounts are expected to be incurred in connection with this restructuring as of March 31, 2020.

These restructuring costs pertain to corporate locations and do not impact the segments discussed in Note 20.