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, 2014
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under capital lease are as follows:
 
June 30, 2014
 
December 31, 2013
 
(in thousands)
Software
$
1,977

 
$
1,977

Less: Accumulated depreciation and amortization
(829
)
 
(549
)
Assets under capital lease, net
$
1,148

 
$
1,428

Aggregate Annual Rental Commitments
Aggregate annual rental commitments at June 30, 2014 under capital lease are as follows:
 
 
 
(in thousands)
2014
$
294

2015
587

2016
294

Total minimum lease payments
$
1,175

Less amount representing average interest at 2.2%
(27
)
 
1,148

Less current portion
568

Long-term portion
$
580