Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.2.0.727
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under the capital lease were as follows at June 30, 2015 and December 31, 2014:
 
June 30, 2015
 
December 31, 2014
 
(in thousands)
Software
$
1,977

 
$
1,977

Less: Accumulated amortization
(1,412
)
 
(1,110
)
Assets under capital lease, net
$
565

 
$
867

Aggregate Annual Rental Commitments
The future minimum lease payments required under the capital lease and the present value of the net minimum lease payments, in thousands, as of June 30, 2015 were as follows:
2015
$
294

2016
294

Total minimum lease payments
$
588

Less amount representing average interest at 2.2%
(7
)
 
581

Less current portion
581

Long-term portion
$

Minimum Annual Rental Commitments
Minimum annual rental commitments under non-cancellable operating leases and total minimum rentals to be received under non-cancellable subleases were as follows at June 30, 2015:
 
Minimum Lease Payments
 
Minimum Rentals to be Received Under Subleases
 
Net Lease Payments
 
(in thousands)
2015
$
5,370

 
$
100

 
$
5,270

2016
9,630

 
99

 
9,531

2017
8,192

 
74

 
8,118

2018
8,405

 

 
8,405

2019
7,943

 

 
7,943

Thereafter
53,478

 

 
53,478

 
$
93,018

 
$
273

 
$
92,745