Restructuring Costs

3 Months Ended

Mar. 31, 2014

Restructuring and Related Activities [Abstract]

Restructuring charges reflected in the accompanying Consolidated Statements of Operations and Comprehensive Income (Loss) relate primarily to one-time termination benefits. The Company recognizes these severance and other charges when the requirements of FASB ASU 420, "Exit or Disposal Cost Obligations," have been met regarding a plan of termination and when communication has been made to employees. During the three months ended March 31, 2014, the Company recorded $711,000 of restructuring charges in general and administrative expenses in the consolidated statements of operations and comprehensive income (loss) related primarily to severance costs associated with the merger.

The following table provides additional information regarding the Company's restructuring, including the balance of the liability as of March 31, 2014 and total costs incurred through the period ended March 31, 2014 (in thousands):



Cost Type	Restructuring Costs Liability at December 31, 2013		Restructuring Costs Incurred for the Three Months Ended March 31, 2014		Cash Payments for the Three Months Ended March 31, 2014		Restructuring Costs Liability at March 31, 2014		Total Cumulative Restructuring Costs Expected to Be Incurred
Severance - management and other personnel	$	21,691	$	711	$	5,746	$	16,656	$	23,941

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details