Commitments and Contingencies

3 Months Ended

Mar. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Legal Proceedings

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. We are currently not aware of any such legal proceedings or claims that we believe will have, individually or in the aggregate, a material adverse effect on our business, prospects, financial condition results of operations and/or cash flows.

Leases

During the first quarter of 2017, we entered into a new lease for office space in Seattle, Washington and, at the same time, entered into a sub-lease of our existing space in Seattle. We expect to vacate our existing office and move into the new office space in the second quarter of 2017, at which time we will recognize an impairment charge equal to the fair value of the unrecovered payments for the remainder of the lease, which is not expected to be material.

Future minimum lease payments due under operating lease arrangements contain rent increases over the term of the lease. Rent expense on these operating leases is recognized over the term of the lease on a straight-line basis. The excess of rent expense over future minimum lease payments due totaled $1.5 million and $1.1 million at March 31, 2017 and December 31, 2016, respectively, and are included in other long-term liabilities on the condensed consolidated balance sheets.

At March 31, 2017, future minimum payments under operating leases, net of expected lease collections under our sub-lease, were as follows (in thousands):



Remainder of 2017	$	2,144
2018	2,032
2019	1,581
2020	1,563
2021	1,597
	$	8,917