SEVERANCE AND EXIT COSTS

12 Months Ended

Dec. 31, 2013

12. SEVERANCE AND EXIT COSTS

In connection with the discontinued operations, the Company recorded income in the amount of approximately $(421) during the year ended December 31, 2013, mostly from the settlement of certain exit costs.

A summary of the actions taken for severance and other exit costs have been recorded in loss from discontinued operations and the estimated remaining liability associated with such costs are as follows:

	Total Expenses (Income)			Remaining Liability as of December 31, 2013
Severance and related costs	$	(3	)	$	—
Other professional fees		18			—
Termination of contracts and leases		(436	)		42
Total	$	(421	)	$	42

The remaining liability for exit costs, which are included in current liabilities of discontinued operations, will be paid in accordance with the provisions of the contractual agreements and payments are expected to be completed at various times through 2014.

- 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.

+ References+ Details