Financial Liabilities (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Financial Liabilities

Financial liabilities consist of (in thousands):

	March 31,			December 31,
	2015			2014
Secured term loan	$	10,000		$	10,000
Bank revolving loan facility		4,300			4,300
Less: Unamortized discount		(323	)		(362	)
Long-term financial liabilities	$	13,977		$	13,938

Company's Financial Obligations

The following table summarizes the timing of repayment obligations for the Company’s financial liabilities for the next five years under the current terms of the Credit Agreement as of March 31, 2015 (in thousands):

	2015		2016		2017		2018		Total
Bank term loan and revolving loan facility	$	—	$	—	$	14,300	$	—	$	14,300