OFFICE CLOSING AND EXIT ACTIVITIES

12 Months Ended

Dec. 31, 2012

(18) OFFICE CLOSING AND EXIT ACTIVITIES

In February 2010, we entered into an agreement to sell our natural gas and oil properties in Ohio. First quarter 2010 includes $5.1 million accrued severance costs, which is reflected in termination costs in the accompanying consolidated statements of operations. As part of their severance agreement, our Ohio employees’ vesting of SARs and restricted stock grants was accelerated, increasing termination costs for stock compensation expense by approximately $2.8 million.


	2012			2011			2010
Beginning balance	$	52		$	1,092		$	1,568
Accrued one-time termination costs		—			—			5,138
Office lease		—			—			514
Payments		(52	)		(1,040	)		(6,128	)

Ending balance	$	—		$	52		$	1,092

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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