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OTHER COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2015
Other Commitments And Contingencies Tables |
Future minimum lease payments under operating leases | The following is a schedule of approximate future minimum lease payments under operating leases as of December 31, 2015 (in thousands):
2016 |  | $ | 187 |
2017 |  |  | 114 |
Therafter |  |  | 267 |
Total |  | $ | 568 |
Employment Agreements | At December 31, 2015, we were obligated under six employment agreements which have expiration dates between December 2016 and March 2017.
Name |  | Contract Expiration Date
Robert Gershon |  | N/A(1)
J. Robert Saron |  | December, 2016
Moshe Citronowicz |  | December, 2016
Andrew Makrides |  | December, 2016
John McCarthy |  | March, 2017
Jay D. Ewers |  | N/A(1)
Future minimum payments under these agreements | Approximate future minimum payments under these agreements are as follows as of December 31, 2015 (in thousands):
2016 |  | $ | 1,591 |
2017 |  |  | 94 |
Total |  | $ | 1,685 |

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- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: 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
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