Exit Costs (Tables)

12 Months Ended

Dec. 31, 2015

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

During the year ended December 31, 2015, Jefferies recorded restructuring and impairment costs as follows (in thousands):

Severance costs	$	30,327
Accelerated amortization of restricted stock and restricted cash awards	7,922
Accelerated amortization of capitalized software	19,745
Contract termination costs	11,247
Selling, general and other expenses	3,853
Total	$	73,094

Schedule of Restructuring Reserve

The following summarizes Jefferies restructuring reserve activity (in thousands):

	Severance costs			Other costs			Contract termination costs			Total restructuring costs			Accelerated amortization of restricted stock and restricted cash awards		Accelerated amortization of capitalized software		Impairments	Total
Balance at March 31, 2015	$	—		$	—		$	—		$	—
Expenses	30,327			2,774			11,247			44,348			$	7,922	$	19,745	1,079	$	73,094
Payments	(25,522		)	(2,774		)	(11,247		)	(39,543		)
Liability at December 31, 2015	$	4,805		$	—		$	—		$	4,805