Commitments and Contingencies

12 Months Ended

Sep. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

The Company leases office space in three commercial buildings and has other office equipment leases. For the three office leases, the Company is also responsible for operating expenses and the leases contain escalation clauses. Rent expense for the years ended September 30, 2013, 2012 and 2011 was $295, $258, and $110, respectively.

The following is a schedule of future minimum rental payments required under all of the Company’s operating lease agreements for the years ending September 30:

	Amount
	(in thousands)
2014	$	444
2015	460
2016	466
2017	335
2018	259
Thereafter	43
Total minimum lease payments	$	2,007

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 that collectively is expected to have a material adverse effect on the Company’s cash flows, financial condition or results of operations.