Commitments And Contingencies

6 Months Ended

Jun. 30, 2014

Commitments And Contingencies [Abstract]

Commitments And Contingencies

(10)Commitments and Contingencies

(a) Operating Leases

The Company leases office space and equipment under noncancelable operating leases with various expiration dates through 2023. Future minimum lease payments under noncancelable operating leases are as follows (dollars in thousands):

	Operating leases
	As of
	June 30, 2014
Remainder of 2014	$	2,648
2015		6,523
2016		4,809
2017		4,665
2018		4,758
Thereafter		17,046
Total future minimum lease payments	$	40,449

Rent expense in the three months ended June 30, 2013 and 2014 was $1.1 million and $1.0 million, respectively, and $2.6 million and $1.9 million for the six months ended June 30, 2013 and 2014, respectively.

(b) Legal Matters

The Company is involved from time to time in claims that arise in the normal course of its business. The Company is not presently subject to any material litigation nor, to management’s knowledge, is any litigation threatened against the Company that collectively is expected to have a material adverse effect on the Company’s cash flows, financial condition or results of operations.