Issues compiling scala files

I have a very simple scala project setup I'm using to explore the language. I'm using version 2.10.2 and sbt from the command line to build. It works great. I've tried a couple of different times to setup the project in IntelliJ and it seems configured correctly and everytime I try to compile from the IDE I get the error below. Can somebody tell me what might be wrong? I can compile fine from the command line.

scala: error while loading <root>, error in opening zip file

scala: Error: object scala.runtime in compiler mirror not found.
scala.reflect.internal.MissingRequirementError: object scala.runtime in compiler mirror not found.
 at scala.reflect.internal.MissingRequirementError$.signal(MissingRequirementError.scala:16)
 at scala.reflect.internal.MissingRequirementError$.notFound(MissingRequirementError.scala:17)
 at scala.reflect.internal.Mirrors$RootsBase.getModuleOrClass(Mirrors.scala:48)
 at scala.reflect.internal.Mirrors$RootsBase.getModuleOrClass(Mirrors.scala:40)
 at scala.reflect.internal.Mirrors$RootsBase.getModuleOrClass(Mirrors.scala:61)
 at scala.reflect.internal.Mirrors$RootsBase.getPackage(Mirrors.scala:172)
 at scala.reflect.internal.Mirrors$RootsBase.getRequiredPackage(Mirrors.scala:175)
 at scala.reflect.internal.Definitions$DefinitionsClass.RuntimePackage$lzycompute(Definitions.scala:181)
 at scala.reflect.internal.Definitions$DefinitionsClass.RuntimePackage(Definitions.scala:181)
 at scala.reflect.internal.Definitions$DefinitionsClass.RuntimePackageClass$lzycompute(Definitions.scala:182)
 at scala.reflect.internal.Definitions$DefinitionsClass.RuntimePackageClass(Definitions.scala:182)
 at scala.reflect.internal.Definitions$DefinitionsClass.AnnotationDefaultAttr$lzycompute(Definitions.scala:1015)
 at scala.reflect.internal.Definitions$DefinitionsClass.AnnotationDefaultAttr(Definitions.scala:1014)
 at scala.reflect.internal.Definitions$DefinitionsClass.syntheticCoreClasses$lzycompute(Definitions.scala:1144)
 at scala.reflect.internal.Definitions$DefinitionsClass.syntheticCoreClasses(Definitions.scala:1143)
 at scala.reflect.internal.Definitions$DefinitionsClass.symbolsNotPresentInBytecode$lzycompute(Definitions.scala:1187)
 at scala.reflect.internal.Definitions$DefinitionsClass.symbolsNotPresentInBytecode(Definitions.scala:1187)
 at scala.reflect.internal.Definitions$DefinitionsClass.init(Definitions.scala:1252)
 at scala.tools.nsc.Global$Run.<init>(Global.scala:1290)
 at xsbt.CachedCompiler0$$anon$2.<init>(CompilerInterface.scala:104)
 at xsbt.CachedCompiler0.run(CompilerInterface.scala:104)
 at xsbt.CachedCompiler0.run(CompilerInterface.scala:89)
 at xsbt.CompilerInterface.run(CompilerInterface.scala:27)
 at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
 at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:39)
 at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:25)
 at java.lang.reflect.Method.invoke(Method.java:597)
 at sbt.compiler.AnalyzingCompiler.call(AnalyzingCompiler.scala:74)
 at sbt.compiler.AnalyzingCompiler.compile(AnalyzingCompiler.scala:36)
 at sbt.compiler.AnalyzingCompiler.compile(AnalyzingCompiler.scala:30)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1$$anonfun$apply$3$$anonfun$apply$1.apply$mcV$sp(AggressiveCompile.scala:77)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1$$anonfun$apply$3$$anonfun$apply$1.apply(AggressiveCompile.scala:77)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1$$anonfun$apply$3$$anonfun$apply$1.apply(AggressiveCompile.scala:77)
 at sbt.compiler.AggressiveCompile.sbt$compiler$AggressiveCompile$$timed(AggressiveCompile.scala:137)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1$$anonfun$apply$3.apply(AggressiveCompile.scala:76)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1$$anonfun$apply$3.apply(AggressiveCompile.scala:73)
 at scala.Option.foreach(Option.scala:236)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1.apply(AggressiveCompile.scala:73)
 at sbt.compiler.AggressiveCompile$$anonfun$8$$anonfun$compileScala$1$1.apply(AggressiveCompile.scala:73)
 at scala.Option.foreach(Option.scala:236)
 at sbt.compiler.AggressiveCompile$$anonfun$8.compileScala$1(AggressiveCompile.scala:73)
 at sbt.compiler.AggressiveCompile$$anonfun$8.apply(AggressiveCompile.scala:118)
 at sbt.compiler.AggressiveCompile$$anonfun$8.apply(AggressiveCompile.scala:61)
 at sbt.inc.IncrementalCompile$$anonfun$doCompile$1.apply(Compile.scala:24)
 at sbt.inc.IncrementalCompile$$anonfun$doCompile$1.apply(Compile.scala:22)
 at sbt.inc.Incremental$.cycle(Incremental.scala:46)
 at sbt.inc.Incremental$.compile(Incremental.scala:29)
 at sbt.inc.IncrementalCompile$.apply(Compile.scala:20)
 at sbt.compiler.AggressiveCompile.compile2(AggressiveCompile.scala:128)
 at sbt.compiler.AggressiveCompile.compile1(AggressiveCompile.scala:44)
 at org.jetbrains.jps.incremental.scala.local.CompilerImpl.compile(CompilerImpl.scala:63)
 at org.jetbrains.jps.incremental.scala.local.LocalServer.compile(LocalServer.scala:29)
 at org.jetbrains.jps.incremental.scala.remote.Main$.nailMain(Main.scala:31)
 at org.jetbrains.jps.incremental.scala.remote.Main.nailMain(Main.scala)
 at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
 at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:39)
 at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:25)
 at java.lang.reflect.Method.invoke(Method.java:597)
 at com.martiansoftware.nailgun.NGSession.run(Unknown Source)