Commitments And Contingencies

12 Months Ended

Dec. 31, 2014

Commitments And Contingencies [Abstract]

Commitments And Contingencies

(12)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
	December 31, 2014
2015	$	8,154
2016		5,049
2017		4,665
2018		4,759
2019		4,850
Thereafter		12,196
Total future minimum lease payments	$	39,673

Rent expense in 2012 was $4.5 million and $4.7 million for both 2013 and 2014. Future minimum lease payments under capital leases, not included in the table above, as of December 31, 2014 are $1.3 million and $0.3 million for 2015 and 2016, respectively. We have no future minimum lease payments under capital leases extending beyond 2016.

(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.