Leasehold commitments

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

20. Leasehold commitments

As of December 31, 2014,the future minimum leasehold commitments payments are as follows:

Expiration year	Amount
2015		2,305
2016		1,714
2017		1,585
2018		1,621
2019		1,669
Thereafter		14,128
Total minimum payments⁽¹⁾		23,022

⁽¹⁾

Minimum payments have not been reduced by minimum sublease rentals of $2,063 thousand due in the future under non-cancelable subleases.

The following table presents an analysis of all operating leases:

	2014		2013		2012
Rent expense		3,019		2,925		2,468
Less: Sublease rentals		(661)		(559)		(386)
		2,358		2,366		2,082

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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