XML 46 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Lease Obligations | 3 Months Ended
--- | ---
Mar. 31, 2014
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, some of which are subject to annual rent 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 March 31, 2014 (in thousands):
Operating lease obligations: |  | Lease Termination Date |  | Less than 1 year |  | 1-3 years |  | 3-5 years |  | More than 5 years |  | Total
Corporate headquarters- San Diego, CA |  | July 2019 |  | $ | 669 |  |  | $ | 1,390 |  |  | $ | 1,465 |  |  | $ | 187 |  |  | $ | 3,711 |
Bioscience and Technology Business Center- Lawrence, KS |  | December 2017 |  | 56 |  |  | 108 |  |  | 41 |  |  | — |  |  | 205 |
Vacated office and research facility-San Diego, CA |  | July 2015 |  | 2,257 |  |  | 761 |  |  | — |  |  | — |  |  | 3,018 |
Vacated office and research facility- Cranbury, NJ |  | August 2016 |  | 2,563 |  |  | 3,691 |  |  | — |  |  | — |  |  | 6,254 |
Total operating lease obligations |  |  |  | $ | 5,545 |  |  | $ | 5,950 |  |  | $ | 1,506 |  |  | $ | 187 |  |  | $ | 13,188 |
Sublease payments expected to be received: |  |  |  | Less than 1 year |  | 1-3 years |  | 3-5 years |  | More than 5 years |  | Total
Office and research facility- San Diego, CA |  | July 2015 |  | $ | 913 |  |  | $ | 311 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,224 |
Office and research facility- Cranbury, NJ |  | August 2014 and 2016 |  | 417 |  |  | 619 |  |  | — |  |  | — |  |  | 1,036 |
Net operating lease obligations |  |  |  | $ | 4,215 |  |  | $ | 5,020 |  |  | $ | 1,506 |  |  | $ | 187 |  |  | $ | 10,928 |
In 2010, the Company ceased use of its facility located in New Jersey. As a result, the Company recorded lease exit costs of $9.7 million for costs related to the difference between the remaining lease obligations of the abandoned operating leases, which run through August 2016, and management's estimate of potential future sublease income, discounted to present value. In addition, the Company wrote-off property and equipment with a net book value of approximately $5.4 million related to the facility closure. As of March 31, 2014 and December 31, 2013, the Company had lease exit obligations of $5.1 million and $5.9 million, respectively. For the three months ended March 31, 2014, the Company made cash payments, net of sublease payments received of $0.9 million. The Company recognized adjustments for accretion and changes in leasing assumptions of $0.2 million for the three months ended March 31, 2014. For the three months ended March 31, 2013, the Company made cash payments, net of sublease payments received of $1.0 million. The Company recognized adjustments for accretion and changes in leasing assumptions of $0.1 million for the three months ended March 31, 2013. Total rent expense under all office leases for the three months ended March 31, 2014 and 2013 was $0.2 million. The Company recognizes rent expense on a straight-line basis. Deferred rent at March 31, 2014 and 2013 was $0.3 million and $0.4 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