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Restructuring Activities | 6 Months Ended
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Jun. 30, 2019
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring Activities On January 18, 2019, the Company announced a planned suspension of its Air Pollution Control (“APC”) business operation in China (“Beijing Fuel Tech”). This action is part of Fuel Tech’s ongoing operational improvement initiatives designed to prioritize resource allocation, reduce costs, and drive profitability for the Company on a global basis. The transition associated with the suspension of the APC business is underway, and includes staff rationalization, supplier and partner engagement, and the monetization of certain assets. The Company expects to complete the process during the second half of 2019. The following table presents our revenues and net loss in China for the three and six month periods ended June 30, 2019 and 2018:
| Three months ended June 30, | Six months ended June 30,
| 2019 | 2018 | 2019 | 2018
Total revenues | $ | (28 | ) | $ | 681 |  | $ | 310 |  | $ | 1,340 |
Net loss | (540 | ) | (620 | ) | (1,390 | ) | (1,153 | )
The following table presents net assets in China as follows:
| As of
| June 30, 2019 |  | December 31, 2018
Total assets | $ | 5,493 |  |  | $ | 8,546 |
Total liabilities | (1,199 | ) |  | (2,953 | )
Total net assets | $ | 4,294 |  |  | $ | 5,593 |
Total assets primarily consist of accounts receivable, contract assets, inventory, prepaid expenses and property, plant and equipment. Total liabilities consist of accounts payable and certain accrued liabilities. The Company has incurred approximately $562 of severance costs relating to the suspension of the APC business in China, of which $278 and $535 were paid during the three and six months ended June 30, 2019. $90 is expected to be paid in the third quarter of 2019. On January 23, 2019, the Company notified the landlord of our intention to early terminate the lease on July 22, 2019. The Company incurred an early termination penalty of $63 during the first quarter of 2019, which is included in restructuring expense for the six months ended June 30, 2019. The Company will incur no additional costs associated with the completion of the wind-down activities associated with the suspension of the APC business in China. The Company recorded restructuring charges of $30 and $625 for the three and six months ended June 30, 2019 and $0 and $0 in 2018, respectively. The charge consisted primarily of one-time severance costs of $562 and the early termination penalty for our lease associated with the suspension of our APC business in China of $63. The following is a reconciliation of the accrual for the workforce reduction that is included within the "Accrued Liabilities - Employee Compensation" line of the consolidated balance sheets for the three and six months ending June 30, 2019 and 2018:
| Three Months Ended June 30, | Six Months Ended June 30,
| 2019 | 2018 | 2019 | 2018
Restructuring liability at beginning of period | $ | 373 |  | $ | 282 |  | $ | 65 |  | $ | 391 |
Amounts expensed | 30 |  | — |  | 625 |  | — |
Amounts paid | (248 | ) | (94 | ) | (535 | ) | (203 | )
Restructuring liability at end of period | $ | 155 |  | $ | 188 |  | $ | 155 |  | $ | 188 |
The restructuring liability for the three and six months ended June 30, 2018 relates to severance costs associated with the suspension of the Fuel Conversion business segment.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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