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Capital Leases and Other Obligations
3 Months Ended
Mar. 31, 2015
Payables And Accruals [Abstract]  
Capital Leases and Other Obligations

(11) CAPITAL LEASES AND OTHER OBLIGATIONS

Effective January 1, 2015, the Company commenced a new Lease Agreement (“LA”) with its landlord relating to the Company’s headquarters location in Lone Tree, Colorado. The following is a summary of the key terms of the LA:

•  The term of the LA is two years ending, unless sooner terminated, December 31, 2016;

•  Fixed rental payments of $49 per month; and

•  The Company and landlord shall each have the right to terminate the lease at any time, without liability to the other, with six months prior written notice to the Company and three months written notice to the Landlord.

The Company also leases certain equipment under capital leases which expire on various dates through 2018.  Imputed interest rates on the leases range from approximately 6% to 18%. At March 31, 2015, the total recorded cost of assets under capital leases was approximately $461. Accumulated depreciation related to these assets totals approximately $129.