Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.1.9
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Assets under Capital Lease
The assets under capital lease are as follows:
 
 
December 31,
 
 
2014
 
2013
 
 
(in thousands)
Software
 
$
1,977

 
$
1,977

Less: Accumulated amortization
 
(1,110
)
 
(565
)
Assets under capital lease, net
 
$
867

 
$
1,412

Future Minimum Rental Payments for Capital Leases
The future minimum lease payments required under the capital leases and the present value of the net minimum lease payments as of December 31, 2014 are as follows:
 
(in thousands)
2015
$
588

2016
294

Thereafter

Total minimum lease payments
882

Less amount representing average interest of 2.2%
(15
)
 
867

Less current portion
(575
)
Long-term portion
$
292

Future Minimum Rental Payments for Operating Leases
Minimum annual rental commitments under non-cancellable operating leases and total minimum rentals to be received under non-cancellable subleases as were as follows at December 31, 2014:
 
Minimum Lease Commitments
 
Sublease Income
 
Net Lease Commitments
 
(in thousands)
2015
$
11,838

 
$
201

 
$
11,637

2016
9,495

 
99

 
9,396

2017
4,618

 
74

 
4,544

2018
4,014

 

 
4,014

2019
3,460

 

 
3,460

Thereafter
1,233

 

 
1,233

 
$
34,658

 
$
374

 
$
34,284