Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.3.0.814
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under the capital lease were as follows at September 30, 2015 and December 31, 2014:
 
September 30, 2015
 
December 31, 2014
 
(in thousands)
Software
$
1,977

 
$
1,977

Less: Accumulated amortization
(1,553
)
 
(1,110
)
Assets under capital lease, net
$
424

 
$
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 as of September 30, 2015 were as follows:
 
September 30, 2015
 
(in thousands)
2015
$
147

2016
294

Total minimum lease payments
$
441

Less amount representing average interest at 2.2%
(4
)
 
437

Less current portion
437

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 September 30, 2015:
 
Minimum Lease Payments
 
Minimum Rentals to be Received Under Subleases
 
Net Lease Payments
 
(in thousands)
2015
$
2,746

 
$
263

 
$
2,483

2016
10,638

 
984

 
9,654

2017
9,631

 
140

 
9,491

2018
9,696

 

 
9,696

2019
9,141

 

 
9,141

Thereafter
57,223

 

 
57,223

 
$
99,075

 
$
1,387

 
$
97,688