Exit Costs (Tables)

12 Months Ended

Dec. 31, 2016

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

During the years ended December 31, 2016 and 2015, Jefferies recorded restructuring and impairment costs as follows (in thousands):

	2016		2015
Severance costs	$	279	$	30,327
Accelerated amortization of restricted stock and restricted cash awards	41		7,922
Accelerated amortization of capitalized software	—		19,745
Contract termination costs	1,234		11,247
Selling, general and other expenses	300		3,853
Total	$	1,854	$	73,094

Schedule of Restructuring Reserve

The following summarizes Jefferies restructuring reserve activity (in thousands):

	Severance costs			Other costs			Contract termination costs			Total restructuring costs			Accelerated amortization of restricted stock and restricted cash awards		Accelerated amortization of capitalized software		Impairments		Total
Balance at March 31, 2015	$	—		$	—		$	—		$	—
Expenses	30,327			2,774			11,247			44,348			$	7,922	$	19,745	$	1,079	$	73,094
Payments	(25,522		)	(2,774		)	(11,247		)	(39,543		)
Liability at December 31, 2015	4,805			—			—			4,805
Expenses	279			300			1,234			1,813			$	41	$	—	$	—	$	1,854
Payments	(5,084		)	(300		)	(1,234		)	(6,618		)
Liability at December 31, 2016	$	—		$	—		$	—		$	—