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Lease Commitments

12 Months Ended

Dec. 31, 2017

Leases [Abstract]

Lease Commitments

(6)

Lease Commitments

We lease our operating facilities under operating leases. During October 2016 we entered into a Third Lease Amendment related to our primary facility in Romeoville, Illinois, extending the term of the lease through December 31, 2024. The current monthly rent on this lease amounts to $37.

During March 2017, we entered into a new Building Lease for our Burr Ridge, Illinois facility that began in September 2017 and extends through September 2021, with our having the option to further extend this lease by three additional one-year periods. The current monthly rent on this lease amounts to $14. During 2016 we also renewed our lease for offsite warehouse in Romeoville, Illinois, through August 2019. The current monthly rent on this lease amounts to $7.

The following is a schedule of future minimum lease payments including real estate taxes as required under the above operating leases, as well as the remaining lease payments under capital leases as referenced below:

			Operating				Capital
Year ending December 31:			Leases				Leases
2018			$	699				144
2019				689				141
2020				587				134
2021				554				91
2022				420				49
Thereafter				869				—
Total minimum payments required:			$	3,819			$	559

Rent expense, including real estate taxes, under these leases amounted to $621 and $597, for the years ended December 31, 2017 and 2016, respectively. Amortization expense related to assets under capital lease is included in depreciation expense.

On December 31, 2017 equipment under capital leases had a cost of $757 with accumulated depreciation of $43, compared to $362 and $62, respectively, on December 31, 2016. Principal and interest payments are due monthly under the capital lease obligations through October 2022. The remaining payments under capital leases include principal of $559 and interest of $100. We entered into three new capital leases during 2017 for $481 and a 5-year duration (through 2022). We entered into one new capital lease during 2016 for $75 and a 5-year duration (through August 2021), and recognized an impairment charge, reducing the value of two other pieces of capital equipment by $54 in aggregate.