Neural networks are an increasingly attractive algorithm for natural language processing and pattern recognition. Deep networks with >50M parameters are made possible by modern GPU clusters operating at <50 pJ per op and more recently, production accelerators capable of <5pJ per operation at the board level. However, with the slowing of CMOS scaling, new paradigms will be required to achieve the next several orders of magnitude in performance per watt gains. Using an analog resistive memory (ReRAM) crossbar to perform key matrix operations in an accelerator is an attractive option. This work presents a detailed design using a state of the art 14/16 nm PDK for of an analog crossbar circuit block designed to process three key kernels required in training and inference of neural networks. A detailed circuit and device-level analysis of energy, latency, area, and accuracy are given and compared to relevant designs using standard digital ReRAM and SRAM operations. It is shown that the analog accelerator has a 270x energy and 540x latency advantage over a similar block utilizing only digital ReRAM and takes only 11 fJ per multiply and accumulate (MAC). Compared to an SRAM based accelerator, the energy is 430X better and latency is 34X better. Although training accuracy is degraded in the analog accelerator, several options to improve this are presented. The possible gains over a similar digital-only version of this accelerator block suggest that continued optimization of analog resistive memories is valuable. This detailed circuit and device analysis of a training accelerator may serve as a foundation for further architecture-level studies.