Leases

12 Months Ended

Dec. 31, 2011

Leases of Lessee Disclosure [Text Block]

(20) Leases

          The Company has several leases for office, warehouse, production and research facilities and equipment. The non-cancelable lease terms for the operating leases expire at various dates between 2012 and 2021 and each agreement includes renewal options.

          Future minimum lease payments, for non-cancelable operating leases with initial or remaining lease terms in excess of one year as of December 31, 2011 are as follows (in thousands):

Year ending December 31,	Operating Leases
2012	$	1,408
2013		753
2014		703
2015		703
2016		703
Thereafter		3,514
Total minimum lease payments	$	7,784

          Minimum payments indicated above have not been reduced by future minimum rentals to be received under noncancelable subleases of approximately $0.2 million to be received in equal monthly installments through October 2012 nor approximately $0.4 million to be received in equal monthly installments through January 2013.

          Rent expense amounted to $1.6 million, $2.6 million, and $2.4 million for the years ended December 31, 2011, 2010 and 2009, respectively. Total rent expense, inclusive of scheduled increases and rent holidays, is recognized on a straight-line basis over the term of the lease.

          The Company’s use of leased office space at its former Bridgewater, New Jersey headquarters facility ended during the first quarter of 2011. As previously discussed, the Company terminated the third and first floor portions of the leased space during the third and fourth quarters of 2011, respectively. The second floor portion of the leased space has been sublet at a rate lower than the Company’s committed costs for that space. The lease related to this portion of the total leased facilities expires on January 31, 2013. The Company remains as the primary lessee with remaining rental payments, in the aggregate, amounting to $0.6 million and extending until January 31, 2013. No other costs related to termination of the lease or restoration of the facilities are anticipated.

          The Company’s use of the leased South Plainfield production facility has ended. While the Company continues to be obligated under the original lease for the facility, a sublease was entered into in January 2010 on favorable terms such that no liability needs to be accrued. The Company may incur charges associated with the lease or its termination prior to or upon the contractual expiration of the lease in October 2012; however, such exposure, if any, cannot be estimated at this time.