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CLOSURE AND POST-CLOSURE OBLIGATIONS
6 Months Ended
Jun. 30, 2015
CLOSURE AND POST-CLOSURE OBLIGATIONS  
CLOSURE AND POST-CLOSURE OBLIGATIONS

 

NOTE 10.CLOSURE AND POST-CLOSURE OBLIGATIONS

 

Our accrued closure and post-closure obligations represent the expected future costs, including corrective actions, associated with closure and post-closure of our operating and non-operating disposal facilities. Liabilities are recorded when work is probable and the costs can be reasonably estimated. We perform periodic reviews of both non-operating and operating facilities and revise accruals for estimated closure and post-closure, remediation or other costs as necessary. Recorded liabilities are based on our best estimates of current costs and are updated periodically to include the effects of existing technology, presently enacted laws and regulations, inflation and other economic factors.

 

Changes to closure and post-closure obligations consisted of the following:

 

 

 

Three Months Ended

 

Six Months Ended

 

$s in thousands

 

June 30, 2015

 

June 30, 2015

 

 

 

 

 

 

 

Closure and post-closure obligations, beginning of period

 

$

73,164

 

$

72,870

 

Accretion expense

 

1,042

 

2,077

 

Payments

 

(1,553

)

(2,136

)

Currency translation

 

37

 

(121

)

 

 

 

 

 

 

Closure and post-closure obligations, end of period

 

72,690

 

72,690

 

Less current portion

 

(5,338

)

(5,338

)

 

 

 

 

 

 

Long-term portion

 

$

67,352

 

$

67,352