Reduction in Workforce

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Reduction in Workforce

Reduction in Workforce

On June 16, 2016, the Board approved a strategic restructuring of the Company to eliminate a portion of the Company’s workforce in order to preserve the Company’s resources as it determined its future strategic plans. As of June 30, 2016 the Company estimated total restructuring costs of approximately $0.6 million, which included severance, benefits and related costs in accordance with the Company's severance benefit plan. On September 20, 2016, in connection with the Acquisition, the Company eliminated additional positions and recorded additional restructuring charges of $1.3 million. The Company recorded total restructuring charges of $1.3 million and $1.9 million in the condensed consolidated statement of operations and comprehensive income and loss for the three and nine months ending September 30, 2016, respectively.

The table below provides a roll-forward of the reduction in workforce liability (in thousands):

Balance as of January 1, 2016	$	—
Charges	582
Payments	—
Balance as of June 30, 2016	582
Additions	1,338
Payments	(1,411		)
Balance as of September 30, 2016	$	509