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Restructuring Costs
 3 Months Ended
Mar. 31, 2019
Restructuring [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
QEP has incurred or expects to incur various restructuring costs associated with contractual termination benefits including severance, accelerated vesting of share-based compensation and other expenses. The termination benefits will be accounted for under ASC 712, Compensation – Nonretirement Postemployment Benefits and ASC 718, Compensation – Stock Compensation.

Restructuring costs recognized are summarized below:
 
Total recognized
 
Recognized in "General and administrative"
 
Recognized in "Net gain (loss) from asset sales, inclusive of restructuring costs"
 
Recognized in "Interest and other income (expense)"
 
Three Months Ended March 31, 2019
 
(in millions)
Termination benefits
$
6.8

 
$
6.7

 
$
0.1

 
—

Office lease termination costs
0.6

 
0.6

 
—

 
—

Accelerated share-based compensation(1)
8.4

 
6.9

 
1.5

 
—

Retention expense (including share-based compensation)
6.1

 
6.1

 
—

 
—

Pension and Medical Plan curtailment
(0.5
)
 
—

 
(0.2
)
 
(0.3
)
Total restructuring costs
$
21.4

 
$
20.3

 
$
1.4

 
$
(0.3
)
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
 
(in millions)
Termination benefits
$
3.4

 
$
3.4

 
$
—

 
$
—

Office lease termination costs
—

 
—

 
—

 
—

Accelerated share-based compensation
2.8

 
2.8

 
—

 
—

Retention expense (including share-based compensation)
1.7

 
1.7

 
—

 
—

Pension and Medical Plan curtailment
—

 
—

 
—

 
—

Total restructuring costs
$
7.9

 
$
7.9

 
$
—

 
$
—


 ____________________________
(1) 
Accelerated share-based compensation represents the additional expense or loss recognized in the Consolidated Statement of Operations for the three months ended March 31, 2019. Total accelerated share based compensation was $8.8 million and was determined based on the contractual vesting date, with $8.4 million recognized during the three months ended March 31, 2019 as shown above, and the remaining amount recognized in prior periods.


 
Costs recognized period from inception to March 31, 2019(1)
 
Total remaining costs expected to be incurred
 
 
(in millions)
 
Termination benefits
$
39.0

 
$
—

(2) 
Office lease termination costs
1.6

 
—

(2) 
Accelerated share-based compensation(2)
19.7

 
—

(2) 
Retention expense (including share-based compensation)
24.9

 
15.1

 
Pension and Medical Plan curtailment
(0.4
)
 
—

(2) 
Total restructuring costs
$
84.8

 
$
15.1

 
 ____________________________
(1) 
Represents costs incurred since February 2018 when QEP's Board of Directors approved certain strategic and financial initiatives.
(2) 
Due to the nature of the strategic initiatives and uncertain factors such as the timing and terms of the potential strategic alternatives, the Company is not able to reasonably estimate the total cost to be incurred as a part of these restructurings.

The following table is a reconciliation of QEP's restructuring liability, which is included within "Accounts payable and accrued expenses" on the Condensed Consolidated Balance Sheets.
 
Restructuring liability
 
Termination benefits
 
Office lease termination costs
 
Accelerated share-based compensation
 
Retention expense
 
Pension curtailment
 
Total
 
(in millions)
Balance at December 31, 2018
$
19.5

 
$
—

 
$
—

 
$
10.8

 
$
—

 
$
30.3

Costs incurred and charged to expense
6.8

 
0.6

 
8.4

 
6.1

 
(0.5
)
 
21.4

Costs paid or otherwise settled
(16.3
)
 
—

 
(8.4
)
 
(15.5
)
 
0.5

 
(39.7
)
Balance at March 31, 2019
$
10.0

 
$
0.6

 
$
—

 
$
1.4

 
$
—

 
$
12.0