Asset Retirement Obligations and Other Liabilities
12 Months Ended
Dec. 31, 2015
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations and Other Liabilities
ASSET RETIREMENT OBLIGATIONS AND OTHER LIABILITIES
Activity in asset retirement obligations for the years ended December 31, 2015 and 2014 is as follows:
 
 
Year Ended December 31,
(In thousands)
 
2015
 
2014
Balance at the beginning of the year
 
$
5,049

 
$
2,553

     Additional obligations
 
863

 
2,930

Assumed through acquisition
 
3,690

 
—

     Accretion expense
 
369

 
243

Foreign currency translation adjustment
 
(1,342
)
 
(677
)
Balance at the end of the year
 
$
8,629

 
$
5,049


The Company does not have any assets that are legally restricted for the purpose of settling our asset retirement obligations as of December 31, 2015 and 2014. Additionally, there were no revisions of the estimated cash flows for our asset retirement obligations for the years ended December 31, 2015, 2014 and 2013.
As of December 31, 2015, $19.5 million of the $123.3 million balance of accrued expenses and other current liabilities on the Company’s consolidated balance sheet is comprised of an EPC payable to a contractor due in November 2016. As of December 31, 2014, this payable was included in other long-term liabilities on the Company’s consolidated balance sheet. Subsequent to the year ended December 31, 2015, the Company paid $19.5 million encompassing the full value of the contractor payable that existed as of December 31, 2015.