Accounts Payable, Accrued Expenses and Restructuring Liability

3 Months Ended

Mar. 31, 2012

Accounts Payable, Accrued Expenses and Restructuring Liability

(3)	Accounts Payable, Accrued Expenses and Restructuring Liability

The Company’s accounts payable and accrued expenses were comprised of the following at:

	March 31, 2012		December 31, 2011
Accounts payable	$	6,639,594	$	3,858,251
Accounts payable retainage		447,274		201,331
Accrued project costs		1,904,583		1,927,439
Restructuring liability		211,560		-
Other accrued expenses		1,019,462		899,073
Total accounts payable and accrued expenses	$	10,222,473	$	6,886,094

In an effort to align the Company’s resources with anticipated types of services and volume, the Company implemented a restructuring plan that included a reduction in force of 18 employees resulting in restructuring charges of $0.3 million from accrued severance, equity based expense and health care costs for the three months ended March 31, 2012. No such charges were recorded in the prior year.