XML 62 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments
 9 Months Ended
Sep. 30, 2012
Commitments [Abstract]  
Commitments

(8) Commitments

The Company has commitments for future payments related to office facilities leases and other contractual obligations. The Company leases its office facilities under operating lease agreements expiring through 2018. Certain of these lease agreements have free or escalating rent payment provisions or fund certain leasehold improvements which the Company accounts for as a lease incentive. The Company recognizes rent expense under such agreements on a straight-line basis over the lease term with any lease incentive amortized as a reduction of rent expense over the lease term. The Company also has other contractual obligations expiring over varying time periods through 2016. Other contractual obligations primarily relate to minimum contractual payments due to distribution partners and other outside service providers (in thousands).

 

                         
    Facilities
operating
leases		     Other
contractual
obligations		     Total  

2012

   $ 536     $ 1,206     $ 1,742  

2013

     2,235       2,050       4,285  

2014

     2,288       1,131       3,419  

2015

     2,226       639       2,865  

2016

     2,266       447       2,713  

2017 and after

     2,910       —         2,910  
   

 

 

    

 

 

    

 

 

  

Total minimum payments

   $ 12,461     $ 5,473     $ 17,934  
   

 

 

    

 

 

    

 

 

  

Rent expense incurred by the Company was approximately $547,000 and $488,000 for the three months ended September 30, 2011 and 2012, respectively, and was $1.6 million and $1.5 million for the nine months ended September 30, 2011 and 2012, respectively.