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Commitments and Contingencies
9 Months Ended
Sep. 30, 2017
Commitments And Contingencies Disclosure [Abstract]  
Commitments and contingencies

Note 7 ̶ Commitments and contingencies

Operating leases

The Company leases office, retail and warehouse space in New York, New Jersey, California and China from third parties under non-cancelable operating leases that provide for minimum base rental payments (excluding taxes and other charges). The leases expire between 2018 and 2027. Total rent expense was $1.3 million and $3.8 million for the three and nine months ended September 30, 2017, respectively, and $1.0 million and $2.9 million for the three and nine months ended September 30, 2016, respectively.

Future minimum lease payments under the operating leases are as follows (in thousands):

 

Remainder of 2017

 

$

1,264

 

2018

 

 

5,108

 

2019

 

 

4,976

 

2020

 

 

4,483

 

2021

 

 

3,582

 

Thereafter

 

 

11,485

 

Total

 

$

30,898

 

Legal contingencies

From time to time, the Company may become involved in legal proceedings, claims and litigation arising in the ordinary course of business. The Company is not currently a party to any matters that management expects will have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.