Commitments and Contingencies Future minimum lease payment for Operating Leases (Tables)

12 Months Ended

Dec. 31, 2013

Operating Leases of Lessee Disclosure [Table Text Block]

As of December 31, 2014, future minimum lease payments under all operating leases, including $4.1 million related to the land lease associated with the Company's corporate headquarters facilities (see Note 3), were as follows (in thousands):



2015	$	1,148
2016		911
2017		899
2018		817
2019		776
2020		194
Total payments	$	4,745

Although certain of the operating lease agreements provide for escalating rent payments over the term of the lease, rent expense under these agreements is recognized on a straight-line basis. As of December 31, 2014, the Company has accrued approximately $180,000 of deferred rent related to these agreements, of which approximately $32,000 is reflected in current liabilities while the remainder is reflected in other long-term liabilities in the accompanying consolidated balance sheet. As of December 31, 2013, the Company has accrued approximately $215,000 of deferred rent related to these agreements, of which approximately $35,000 is reflected in current liabilities while the remainder is reflected in other long-term liabilities in the accompanying consolidated balance sheet.

As discussed in Note 5 - Discontinued Operations, in conjunction with the sale of its Grid division, the Company entered into a sublease with S&T for a portion of its corporate headquarters facility. As of December 31, 2014, the minimum sublease rental payments S&T is required to make during the remaining 36 month term of the sublease total approximately $1.9 million.

The components of net rent expense for all operating leases for the years ended December 31, 2014, 2013, and 2012, were as follows (in thousands):



	Year ended 31 December
	2014			2013			2012
Rent expense	$	1,483		$	1,527		$	1,682
Sublease rentals	(202		)	—			—
Rent expense included in discontinued operations	(160		)	(145		)	—
Rent expense, net	$	1,121		$	1,382		$	1,682

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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