Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

(14) Commitments and Contingencies

(a) Operating Leases

The Company leases office space and equipment under noncancelable operating leases with various expiration dates through 2015. Future minimum lease payments under noncancelable operating leases are as follows (dollars in thousands):

	Operating leases
	As of June 30, 2012
2012	$	2,673
2013		4,659
2014		3,907
2015		2,898
2016		1,558
Thereafter		9,503
Total minimum lease payments	$	25,198

Rent expense in the three months ended June 30, 2011 and 2012 was $0.8 million and $1.1 million, respectively, and $1.6 million and $2.3 million for the six months ended June 30, 2011 and 2012, 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.