CAPITAL LEASES

The following is an analysis of the property acquired under capital leases.



	Dollars in Thousands
	Asset Balances at
Classes of Property	December 31, 2014			December 31, 2013
Equipment	$	1,514		$	1,514
Less: Accumulated amortization	(997		)	(721		)
Total	$	517		$	793

The following is a schedule by years of future minimum lease payments under capital leases together with the present value of the net minimum lease payments as of December 31, 2014.

Year ending December 31:



	Dollars in Thousands
2015	35
2016	3
2017	1
Total minimum lease payments	$	39
Less: Amount representing interest	(2		)
Present value of net minimum lease payments	$	37

The short term portion of our capital leases is included in accrued expenses and the long term portion is included in other long-term liabilities on the Balance Sheet. Included in depreciation for the years ended December 31, 2014, 2013 and 2012 was $0.3 million, $0.3 million and less than $0.3 million, respectively, related to equipment acquired under capital leases.