XML 48 R24.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Termination Costs
12 Months Ended
Dec. 31, 2019
Restructuring And Related Activities [Abstract]  
Termination Costs

(16)

Termination Costs

As part of a continuing effort to reduce our general and administrative expenses due to the lower commodity price environment, additional accruals for severance of $7.5 million and accelerated vesting of stock-based compensation of $2.0 million were recorded in the year ended December 31, 2019. See Note 15 for information related to an impairment of an office lease. The following table details the accrued liability as of December 31, 2019 and December 31, 2018 (in thousands):

 

 

 

2019

 

 

2018

 

 

Beginning balance

$

 

$

1,855

 

 

Accrued severance costs

 

7,535

 

 

(356

)

 

Accrued building rent

 

 

 

(17

)

 

Payments

 

(2,843

)

 

(1,482

)

 

Ending balance

$

4,692

 

$

 

 

The following summarizes our termination costs for three years ended December 31, 2019, 2018 and 2017 (in thousands):

 

 

2019

 

 

2018

 

 

 

 

2017

 

Severance costs

$

7,535

 

$

(356

)

 

$

2,176

 

Building lease

 

 

 

(17

)

 

 

(70

)

Stock-based compensation

 

1,971

 

 

 

 

 

1,664

 

Total termination costs

$

9,506

 

$

(373

)

 

$

3,770