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Commitments
12 Months Ended
Dec. 31, 2011
Commitments [Abstract]  
Commitments

(9) Commitments

The Company has various lease agreements for offices as well as long-term ground leases for its facilities at Axis, AL, Hannibal, MO and Marsing, ID. The office leases contain provisions to pass through to the Company its pro-rata share of certain of the building's operating expenses. The long-term ground lease at Axis, AL is for twenty years (commencing May 2001) with up to five automatic renewals of three years each for a total of thirty-five years. The long-term ground lease at Hannibal, MO is for a period of 20 years (commencing December 2007) with automatic one year extensions thereafter, subject to termination with a twelve-month notice. The long-term ground lease at Marsing is for a period of 25 years (commencing in March 2008) with automatic twenty-five year extensions thereafter. Rent expense for the years ended December 31, 2011, 2010 and 2009 was $550, $392 and $437. Future minimum lease payments under the terms of the leases are as follows:

 

         

Year ending December 31,

      

2012

   $ 661   

2013

     651   

2014

     673   

2015

     698   

2016

     373   

Thereafter

     1,435   
    

 

 

 
     $ 4,491