Restructuring Activities

12 Months Ended

Dec. 31, 2014

Restructuring and Related Activities [Abstract]

In 2012, we completed an organizational restructuring in conjunction with the sale of our natural gas assets in West Virginia, Kentucky and Virginia. We terminated approximately 30 employees and closed our regional office in Canonsburg, Pennsylvania. We recorded a charge in connection with the early termination of the lease of that office. In addition, we have a contractual commitment for certain firm transportation capacity in the Appalachian region that expires in 2022 and, as a result of the sale, we no longer have production to satisfy this commitment. While we sell our unused firm transportation to the extent possible, we recognized an obligation representing the liability for estimated discounted future net cash outflows over the remaining term of the contract. The undiscounted amount payable on an annual basis for the each of the next five years is $2.7 million and a combined amount of $7.6 million is expected to be payable for 2020 through expiration in 2022.

During 2011, we completed an organizational restructuring, including the closing of our regional office in Tulsa, Oklahoma, due primarily to the sale of our Arkoma Basin properties. Accordingly, we recorded a charge and recognized an obligation in connection with the long-term lease of that office. We periodically adjust the lease obligation associated with the Tulsa office as a result of changes in estimated sub-lease rental income.

The following table summarizes our restructuring and exit activity-related obligations and the changes therein for the years ended December 31, 2014, 2013 and 2012:



	2014			2013			2012
Balance at beginning of period	$	16,090		$	17,263		$	576
Employee, office and other costs accrued, net	10			7			1,284
Firm transportation charge	—			—			17,332
Accretion of obligations	1,301			1,674			570
Cash payments, net	(2,498		)	(2,854		)	(2,499		)
Balance at end of period	$	14,903		$	16,090		$	17,263

Restructuring charges are included in the General and administrative caption on our Consolidated Statements of Operations. The initial charge for the firm transportation commitment was presented as a separate caption on our Consolidated Statements of Operations for the year ended December 31, 2012. The accretion of this obligation, net of any recoveries from the periodic sale of our contractual capacity, is charged as an offset to Other revenue.

The current portion of these restructuring and exit cost obligations is included in the Accounts payable and accrued expenses caption and the noncurrent portion is included in the Other liabilities caption on our Consolidated Balance Sheets. As of December 31, 2014, $2.9 million of the total obligations are classified as current while the remaining $12.0 million are classified as noncurrent.

- 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.

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