COMMITMENTS AND CONTINGENCIES

3 Months Ended

Mar. 31, 2014

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

(15) COMMITMENTS AND CONTINGENCIES

        Contract commitments.    At March 31, 2014, we have contractual commitments of approximately $7.9 million for the supply of services, labor and materials related to capital projects that currently are under development. We expect that these contractual commitments will be paid during the remainder of the year ending December 31, 2014.

        Operating leases.    We lease property and equipment under non-cancelable operating leases that extend through August 2030. At March 31, 2014, future minimum lease payments under these non-cancelable operating leases are as follows (in thousands):

Years ending December 31:
2014 (remainder of the year)	$	2,709
2015		3,838
2016		3,953
2017		2,984
2018		588
Thereafter		3,891
	$	17,963

        Included in the above non-cancelable operating lease commitments are amounts for property rentals that we have sublet under non-cancelable sublease agreements, for which we expect to receive minimum rentals of approximately $1.5 million in future periods.

        Rental expense under operating leases was approximately $867,000 and $818,000 for the three months ended March 31, 2014 and 2013, respectively.