XML 72 R13.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Lease Obligations | 12 Months Ended
--- | ---
Dec. 31, 2013
Leases [Abstract] |
Lease Obligations | Lease Obligations The Company leases office and laboratory facilities in California, Kansas and New Jersey. These leases expire between 2014 and 2019 and are subject to annual increases which range from 3.0% to 3.5%. The Company currently subleases office and laboratory space in California and New Jersey. The following table provides a summary of operating lease obligations and payments expected to be received from sublease agreements as of December 31, 2013 (in thousands):
Operating lease obligations: |  | Lease Termination Date |  | Less than 1 year |  | 2-3 years |  | 4-5 years |  | More than 5 years |  | Total
Corporate headquarters-San Diego, CA |  | July 2019 |  | $ | 664 |  |  | $ | 1,381 |  |  | $ | 1,455 |  |  | $ | 374 |  |  | $ | 3,874 |
Bioscience and Technology Business Center-Lawrence, KS |  | December 2014 |  | 57 |  |  | — |  |  | — |  |  | — |  |  | 57 |
Vacated office and research facility-San Diego, CA |  | July 2015 |  | 2,240 |  |  | 1,332 |  |  | — |  |  | — |  |  | 3,572 |
Vacated office and research facility-Cranbury, NJ |  | August 2016 |  | 2,563 |  |  | 4,332 |  |  | — |  |  | — |  |  | 6,895 |
Total operating lease obligations |  |  |  | $ | 5,524 |  |  | $ | 7,045 |  |  | $ | 1,455 |  |  | $ | 374 |  |  | $ | 14,398 |
Sublease payments expected to be received: |  |  |  | Less than 1 year |  | 2-3 years |  | 4-5 years |  | More than 5 years |  | Total
Office and research facility-San Diego, CA |  | July 2015 |  | $ | 906 |  |  | $ | 545 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,451 |
Office and research facility-Cranbury, NJ |  | August 2014 and 2016 |  | 368 |  |  | 575 |  |  | — |  |  | — |  |  | 943 |
Net operating lease obligations |  |  |  | $ | 4,250 |  |  | $ | 5,925 |  |  | $ | 1,455 |  |  | $ | 374 |  |  | $ | 12,004 |
For the years ended December 31, 2013 and 2012, the Company had lease exit obligations of $5.9 million and $9.0 million, respectively. For the years ended December 31, 2013 and 2012, the Company made cash payments, net of sublease payments received of $3.7 million and $3.6 million, respectively. The Company recognized adjustments for accretion and changes in leasing assumptions of $0.6 million and $1.0 million for the years ended December 31, 2013 and 2012, respectively. As part of the lease for the corporate headquarters, the Company received a tenant improvement allowance of $3.2 million. The tenant improvements were used to build out the suite for general lab and office purposes. For the year ended December 31, 2012, the Company recorded a sale leaseback transaction whereby it removed all property from its balance sheet. There was no gain on the sale-leaseback. Total rent expense under all office leases for 2013, 2012 and 2011 was $0.7 million, $1.1 million, and $1.2 million, respectively. The Company recognizes rent expense on a straight-line basis. Deferred rent at December 31, 2013 and 2012 was $0.4 million and $0.3 million, respectively, and is included in other long-term liabilities.

X
- Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration