Commitments And Contingencies

9 Months Ended

Sep. 30, 2015

Commitments And Contingencies [Abstract]

(11) 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
	September 30, 2015
Remainder of 2015	$	1,630
2016		6,370
2017		6,721
2018		6,840
2019		6,980
Thereafter		18,336
Total future minimum lease payments	$	46,877

Rent expense for the three months ended September 30, 2014 and 2015 was $1.3 million and $1.9 million, respectively, and $3.2 million and $5.9 million, for the nine months ended September 30, 2014 and 2015, respectively. Future minimum lease payments under capital leases, not included in the table above, as of September 30, 2015 are $0.3 million for both the remainder of 2015 and 2016. 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.