Lease Commitments

12 Months Ended

Dec. 31, 2014

We lease the majority of our administration and sales offices under operating leases that expire at varying times through 2019. Rental expense was $0.5 million in 2014, $0.5 million in 2013, and $0.4 million in 2012. The following table reflects lease commitments as of December 31, 2014 (in thousands):



			Payments Due By Period
Lease Commitment	Total			2015		2016		2017		2018		2019		2020 and after
Noncancelable Operating Leases	$	2,955		$	715	$	715	$	714	$	537	$	260	$	14
Capital Lease Obligations	1,317			460		495		362		—
Leased Model Homes	222			220		2		—		—
Total	$	4,494		$	1,395	$	1,212	$	1,076	$	537	$	260	$	14

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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