Annual report pursuant to Section 13 and 15(d)

Lease Commitments

v2.4.1.9
Lease Commitments
12 Months Ended
Dec. 31, 2014
Leases [Abstract]  
Lease Commitments
Lease Commitments
The Company leases certain of its facilities and some of its equipment under non-cancelable operating lease arrangements. The rental payments under these leases are charged to expense on a straight-line basis over the non-cancelable term of the lease. The following is a schedule of future minimum lease payments, excluding property taxes and other operating expenses, required under all non-cancelable operating leases (in thousands):
Years Ending December 31,
Total
Operating
Leases
2015
$
529

2016
541

2017
564

2018
327

Thereafter

Total minimum lease payments
$
1,961


Rent expense under operating leases amounted to approximately $0.7 million, $0.3 million and $0.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.