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Office Closing and Termination Costs
3 Months Ended
Mar. 31, 2017
Restructuring And Related Activities [Abstract]  
Office Closing and Termination Costs

(17) OFFICE CLOSING AND TERMINATION COSTS

In first quarter 2017, we have recorded additional accruals for severance, other personnel costs and accelerated vesting of stock-based compensation as part of a continuing effort to reduce our general and administrative expenses due, in part, to the lower commodity price environment. The following summarizes our termination costs for the three months ended March 31, 2017 and 2016 (in thousands):

 

 

Three Months Ended

March 31,

 

 

 

2017

 

 

 

2016

 

Severance costs

$

2,422

 

 

$

 

Building lease

 

28

 

 

 

162

 

Stock-based compensation

 

1,742

 

 

 

 

Total termination costs

$

4,192

 

 

$

162

 

The following details our accrued liability as of March 31, 2017 (in thousands):

 

 

 

March 31,

2017

 

Beginning balance at December 31, 2016

$

2,460

 

Accrued severance costs

 

2,422

 

Accrued building rent

 

28

 

Payments

 

(437

)

Ending balance at March 31, 2017

$

4,473