Restructuring Activities

6 Months Ended

Jun. 30, 2012

Restructuring Activities

13. Restructuring Activities

During 2011, we completed an organizational restructuring due primarily to our decision to exit the Arkoma Basin and to consolidate certain operations functions to our Houston, Texas location. We terminated approximately 40 employees and closed our regional office in Tulsa, Oklahoma. Accordingly, we recorded a charge and recognized an obligation in connection with the long-term lease of that office. Activities recorded during the periods ended June 30, 2012 that were attributable to this restructuring included cash payments and accretion of the lease obligation and the cash payment of termination benefits accrued during 2011. In addition, we adjusted the lease obligation as a result of a change in estimated sub-lease rental income. Activities recorded during the periods ended June 30, 2011 are attributable to restructuring actions taken during periods prior to 2011. Restructuring charges, including the accretion of the lease obligation, are included in the General and administrative expenses caption on our Condensed Consolidated Statements of Operations.

The following table summarizes our restructuring-related obligations as of and for the periods presented:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Balance at beginning of period	$	475		$	—		$	576		$	64
Employee, office and other costs accrued	(145		)	52			(148		)	70
Cash payments, net	(79		)	(52		)	(177		)	(134		)
Balance at end of period	$	251		$	—		$	251		$	—

In the third quarter of 2012, we expect to record restructuring and certain exit costs in connection with the sale of our Appalachian properties, including those attributable to the planned closing of our office in Canonsburg, Pennsylvania.