Capital Lease Obligations

12 Months Ended

Dec. 31, 2017

8. Capital Lease Obligations

The Company leases various fixed assets under capital lease arrangements requiring payments through May 2019. For the year ended December 31, 2016, $2.0 million was funded by capital leases. For the years ended December 31, 2017 and 2015, there were no new third-party capital lease arrangements. The depreciation of the capital lease assets is included in depreciation. The Company has included these leases in property and equipment, net at December 31, as follows (in thousands):


	2017		2016
Furniture and equipment	$	5,741	$	5,741
Accumulated depreciation		(4,379)		(3,449)
	$	1,362	$	2,292

The following is a schedule by year of future minimum lease payments (in thousands) under the capitalized leases, together with the present value of net minimum lease payments at December 31, 2017 (including current portion of $0.8 million):


2018	$	863
2019		23
		886
Interest		(19)
	$	867