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Commitments and Contingencies
 12 Months Ended
Dec. 31, 2014
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

(5) Commitments and Contingencies

Commitments

The Company rents office space and other facilities under noncancelable operating leases. Rent expense for the years ended December 31, 2012, 2013 and 2014 was $1.4 million, $1.4 million and $1.5 million, respectively. Minimum future payments under the leases are as follows:

 

 

 

(In thousands)

 

2015

 

 

1,994

  

2016

 

 

1,994

  

2017

 

 

2,021

  

2018

 

 

2,060

  

2019

 

 

1,560

  

Thereafter

 

 

3,120

 

 

 

$

12,749

  

As of December 31, 2014, the Company had commitments for contracted drilling rigs of $15.3 million through November 2015.

The Company has entered into natural gas transportation and treating agreements through July 2019. Maximum commitments under these transportation agreements as of December 31, 2014 totaled $11.5 million.

Contingencies

From time to time, the Company is involved in certain litigation that arises in the normal course of its operations. The Company records a loss contingency for these matters when it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Company does not believe the resolution of these matters will have a material effect on the Company's financial position or results of operations and no material amounts are accrued relative to these matters at December 31, 2013 or 2014.