Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under capital lease are as follows:
 
 
 
December 31,
 
 
2013
 
2012
 
 
(in thousands)
Data processing and communications equipment
 
$

 
$

Software
 
1,474

 

 
 
1,474

 

Less: Accumulated depreciation and amortization
 
46

 

Assets under capital lease, net
 
$
1,428

 
$

Aggregate Annual Rental Commitments
Aggregate annual rental commitments at December 31, 2013, under operating leases with initial or remaining non-cancelable lease terms greater than one year are as follows:
 
 
Capital Leases
Operating Leases
 
(in thousands)
2014
$
588

$
10,596

2015
587

9,678

2016
294

7,540

2017

3,090

2018

2,502

Thereafter

3,308

Total minimum lease payments
$
1,469

$
36,714

Less amount representing average interest of 2.2%
(41
)
 
 
1,428

 
Less current portion
(562
)
 
Long-term portion
$
866