Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2013
Assets under Capital Lease

The assets under capital lease are as follows:

 

     June 30,     December 31,  
     2013     2012  
     (in thousands)  

Software

   $ 1,976      $  —     

Less: Accumulated depreciation and amortization

     (282     —     
  

 

 

   

 

 

 

Assets under capital lease, net

   $ 1,694      $ —     
  

 

 

   

 

 

 
Aggregate Annual Rental Commitments

Aggregate annual rental commitments at June 30, 2013 under capital lease are as follows:

 

     (in thousands)  

2013

   $ 294   

2014

     587   

2015

     587   

2016

     294   
  

 

 

 

Total minimum lease payments

   $ 1,762   
  

 

 

 

Less amount representing average interest at 2.2%

     (59
  

 

 

 
     1,703   

Less current portion

     (555
  

 

 

 

Long-term portion

   $ 1,148