XML 29 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other liabilities
12 Months Ended
Dec. 31, 2017
Other Liabilities Disclosure [Abstract]  
Other liabilities

6. Other liabilities

 

 

(in thousands)    DECEMBER 31,
2017
     DECEMBER 31,
2016
 

Capital lease obligations (a)

   $ 33      $ 47  

Deferred rent liability

     453        150  
  

 

 

    

 

 

 
   $ 486      $ 197  
  

 

 

    

 

 

 

(a) Capital lease obligations

The Company leases office equipment under capital leases with interest rates ranging from 6.94% to 8.56% per annum. At December 31, 2017, the future payments under the Company’s capital leases were as follows:

 

(in thousands)    AMOUNT  

2018

   $ 19  

2019

     19  

2020

     17  
  

 

 

 

Total minimum lease payments

     55  

Less: amount representing interest

     (6
  

 

 

 

Present value of future minimum lease payments

     49  

Less: current portion

     (16
  

 

 

 

Capital lease obligations, net of current portion - December 31, 2017

   $ 33  
  

 

 

 

The net book value of the office equipment under capital leases as of December 31, 2017 and 2016 was $0.1 million and $0.1 million, respectively, with an immaterial amount related to accumulated depreciation.