6. Capital Leases

Solaris LLC leases property from the City of Early, Texas under an agreement classified as a capital lease. The lease expires on February 28, 2025. The capital lease obligation is payable in monthly installments of $3 including imputed interest at a rate of 3.25%.

Future principal minimum payments under the capital lease are as follows:


Year Ending December 31,	Amount
2017 (remainder of)	$	26
2018		33
2019		33
2020		33
2021		33
Thereafter		107
Total payments		265
Less: amount representing imputed interest at 3.25%		(33)
Present value of payments		232
Less: current portion		(26)
Capital lease obligation, net of current portion	$	206