Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.1.9
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under capital lease were as follows at March 31, 2015 and December 31, 2014:
 
March 31, 2015
 
December 31, 2014
 
(in thousands)
Software
$
1,977

 
$
1,977

Less: Accumulated amortization
(1,252
)
 
(1,110
)
Assets under capital lease, net
$
725

 
$
867

Aggregate Annual Rental Commitments
The future minimum lease payments required under the capital leases and the present value of the net minimum lease payments, in thousands, as of March 31, 2015 were as follows:
2015
$
442

2016
294

Total minimum lease payments
$
736

Less amount representing average interest at 2.2%
(11
)
 
725

Less current portion
578

Long-term portion
$
147