Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.3.1.900
Accrued Expenses
 12 Months Ended
Dec. 31, 2015
Accrued Expenses  
Accrued Expenses

9.        Accrued Expenses and Other Liabilities

 

Accrued expenses and other liabilities consist of the following:

 

 

 

 

 

 

 

 

 

 

 

At December 31,

 

 

   

2015

    

2014

 

Accrued investment manager fees

 

$
28,179

 

$
25,195

 

Accrued compensation and related taxes

 

 
29,493

 

 
18,344

 

Accrued professional services

 

 
1,201

 

 
536

 

Purchase consideration liabilities

 

 
13,676

 

 

 —

 

Accrued restructuring charges

 

 
513

 

 

 —

 

Other accrued expenses

 

 
10,349

 

 
4,172

 

 

 

$
83,411

 

$
48,247

 

 

The Company incurred restructuring charges of $474 (see Note 15), net of deferred rent adjustment, in the year ended December 31, 2014, due to lease termination penalties incurred to terminate the Denver, CO and Raleigh, NC leases.  The Company incurred restructuring charges of $673, net of deferred rent adjustment, in the year ended December 31, 2015, primarily due to estimated lease abandonment loss for the Wellesley, MA lease.