Restructuring (Tables)

The following table summarizes the balances of the restructuring accruals, which are recorded in accounts payable and accrued expenses in the consolidated balance sheets, and the activity for the year ended December 31, 2016 related to the 2016 restructuring program:



(In Thousands)	Contractual Lease Obligations			Severance
Balance at January 1, 2016	$	—		$	—
Charges	11,830			3,883
Adjustments¹	(241		)	—
Restructuring Charges	11,589			3,883
Payments	(1,006		)	(1,804		)
Balance at December 31, 2016	$	10,583		$	2,079

¹Adjustments relate to changes in sublease assumptions and interest accretion.

The following table summarizes restructuring charges by segment for the year ended December 31, 2016:



(In Thousands)	Sales and Lease Ownership		Franchise		Other		Total
Contractual Lease Obligations	$	11,589	$	—	$	—	$	11,589
Severance	287		88		3,508		3,883
Fixed Asset Impairment	4,538		—		—		4,538
Lease Merchandise Write-Offs	208		—		—		208
Total Restructuring Expense	$	16,622	$	88	$	3,508	$	20,218

The following table summarizes the balances of the remaining restructuring accrual and the activity in that accrual related to the 2014 restructuring program:



(In Thousands)	Contractual Lease Obligations
Balance at January 1, 2014	$	—
Charges	4,797
Payments	(1,570		)
Balance at December 31, 2014	3,227
Payments	(1,559		)
Balance at December 31, 2015	1,668
Payments	(766		)
Adjustments¹	110
Balance at December 31, 2016	$	1,012

¹Adjustments relate to changes in sublease assumptions and interest accretion.

The following table summarizes the activity related to the restructuring charges by segment for the year ended December 31, 2014:



(In Thousands)	Sales and Lease Ownership		HomeSmart		Other		Total
Contractual Lease Obligations	$	694	$	6	$	4,097	$	4,797
Severance	419		—		201		620
Fixed Asset Impairment	3,328		—		—		3,328
Lease Merchandise Write-Offs	395		—		—		395
Total Restructuring Expense	$	4,836	$	6	$	4,298	$	9,140