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Restaurant Closure Costs and Impairment of Long-Lived Assets
12 Months Ended
Dec. 31, 2018
Restaurant Closure Costs and Impairment of Long-Lived Assets [Abstract]  
Restaurant Closure Costs and Impairment of Long-Lived Assets

6. Restaurant Closure Costs and Impairment of Long-Lived Assets

During the year ended December 31, 2018, we closed or relocated a total of 48 underperforming Chipotle restaurants, five Pizzeria Locale restaurants, and one TastyMade restaurant. As a result, we incurred lease termination, asset impairment and other closure costs, which were recorded in impairment, closure costs, and asset disposals on the consolidated statement of income as follows:  

 





 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year ended December 31,



2018

 

2017

 

2016

Lease termination and other restaurant closure costs

$

40,522 

 

$

3,284 

 

$

17,394 



Changes in our lease termination costs liability which is included in accrued liabilities on the consolidated balance sheet were as follows:

  





 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Balance December 31, 2017

 

Charges

 

Payments

 

Balance December 31, 2018

Lease termination costs for closed restaurants

$

1,416 

 

$

13,843 

 

$

(4,519)

 

$

10,740 

 

In June 2018, we announced planned restaurant closures of approximately 55 to 65 restaurants beginning in the second quarter of 2018 and continuing over the next several quarters. As a part of this plan, and included in the total lease termination and other restaurant closure costs discussed above, we have closed or relocated 45 Chipotle restaurants and five Pizzeria Locale restaurants.