Commitments and Contingencies

6 Months Ended

Jun. 30, 2014

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

(12)  Commitments and Contingencies

(a)  Operating Leases

The Company conducts operations from leased facilities under operating lease agreements that expire at various dates through 2024. The terms of the lease agreements provide for rental payments on a graduated basis.  The Company recognizes rent expense on a straight-line basis over the lease period.

After entering into a lease arrangement in December 2013 for office space for its new corporate headquarters, which arrangement commenced in July 2014, the Company entered into sublease agreements in May and July 2014 for certain portions of its current corporate headquarters, both of which subleases will commence in August 2014.The sublease agreements expire in October 2016.

(b)  Litigation

The Company may be involved from time to time in various legal proceedings in the normal course of business, but is currently not a party to any material pending legal proceedings.