9. Accounts Payable and Other Accrued Liabilities

The Company’s accounts payable and other accrued liabilities consist of the following:


	September 30,		December 31,
	2018		2017
	(in thousands)
Accounts payable and accruals	$	747	$	310
Accrued employee compensation and benefits		1,270		1,246
	$	2,017	$	1,556

September 30, 2018

Accounts payable and accruals at September 30, 2018 are primarily related to amounts due to contractors and suppliers in the amounts of $0.2 million related to the Company’s Velardeña Properties and $0.5 million related to exploration and corporate administrative activities. In the case of the exploration and corporate administrative activities, $0.2 million is related to a net VAT payable.

Accrued employee compensation and benefits at September 30, 2018 consist of $0.2 million of accrued vacation payable and $1.1 million related to withholding taxes and benefits payable. Included in the $1.3 million of accrued employee compensation and benefits is $0.5 million related to activities at the Velardeña Properties and $0.3 million related to the KELTIP (see Note 14).

December 31, 2017

Accounts payable and accruals at December 31, 2017 are primarily related to amounts due to contractors and suppliers in the amounts of $0.1 million related to the Company’s Velardeña Properties and $0.2 million related to corporate administrative and exploration activities. In the case of the Velardeña Properties, approximately $0.1 million is related to a net VAT payable.

Accrued employee compensation and benefits at December 31, 2017 consist of $0.2 million of accrued vacation payable and $1.0 million related to withholding taxes and benefits payable. Included in the $1.2 million of accrued employee compensation and benefits is $0.3 million related to activities at the Velardeña Properties and $0.4 million related to the KELTIP (see Note 14).