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Capital Lease Obligations
12 Months Ended
Dec. 31, 2012
Capital Lease Obligations

6. Capital Lease Obligations

Capital lease obligations consist of the following:

 

     As of
December 31,
 
     2012      2011  

Capital Lease Obligations

     

Capital lease for equipment, monthly payments totaling $8; interest rate at 2.2%, through 2016

   $ 674       $ 1,144   
  

 

 

    

 

 

 

Less: Current portion of capital lease obligations

     87         470   
  

 

 

    

 

 

 
   $ 587       $ 674   
  

 

 

    

 

 

 

 

Payments due under future minimum lease payments under the capital lease obligations are as follows as of December 31, 2012:

 

2013

   $ 101   

2014

     101   

2015

     102   

2016 and thereafter

     410   
  

 

 

 
     714   

Less: Portion representing interest

     40   
  

 

 

 

Present value of minimum lease payments

   $ 674