Office Closing and Termination Costs

9 Months Ended

Sep. 30, 2016

Restructuring And Related Activities [Abstract]

Office Closing and Termination Costs

(16) OFFICE CLOSING AND TERMINATION COSTS

In first quarter 2015, we announced the closing of our Oklahoma City administrative and operational office to reduce our general and administrative expenses, due in part to the impact of lower commodity prices on our operations. In fourth quarter 2014, we initially accrued an estimated $8.4 million of termination costs relating to the closure of this office as it was probable of occurring. In early 2015, those plans and personnel involved were finalized which resulted in additional accruals in 2015 for severance and other personnel costs of $275,000, additional accelerated vesting of stock-based compensation of $608,000 and $3.2 million of building lease costs. There are no office closing or termination costs associated with the Memorial Merger. The following summarizes our termination costs for the nine months ended September 30, 2016 and 2015 (in thousands):

	Nine Months Ended September 30,
		2016		2015
Termination costs	$	—	$	1,414
Building lease		303		3,156
Stock-based compensation		—		1,720
Total termination costs	$	303	$	6,290

The following details our accrued liability as of September 30, 2016 (in thousands):

		September 30, 2016
Beginning balance at December 31, 2015	$	11,630
Accrued building rent		303
Payments		(8,858	)
Ending balance at September 30, 2016	$	3,075