Commitment and Contingencies (Tables)

9 Months Ended

Sep. 30, 2012

Commitment and Contingencies [Abstract]

The Company's minimum commitments under non-cancelable operating leases

At September 30, 2012, the Company’s minimum commitments under non-cancelable operating leases were as follows (in thousands):

	San Diego Gross Rental Payments (1)		Equipment Loan (2)		Cambridge Net Rental Payments
October 2012-September 2013	$	528	$	401	$	196
October 2013-September 2014		2,545		437		31
October 2014-September 2015		2,617		437		0
October 2015-September 2016		2,691		437		0
October 2016-September 2017		2,768		437		0
Thereafter		15,607		2,258		0
Total minimum lease payments	$	26,756	$	4,407	$	227

(1) In addition to the tenant allowance included in the base rent, a second tenant allowance option of $1.5 million was exercised which must be paid back in monthly payments at a 9% interest rate. These payments are included in the above amounts.

(2) Amount includes $1.5 million of interest payments.