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Related Party Transactions
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Holdings does not maintain a cash account. Consequently, the Company makes payments, as needed, on Holdings’ behalf for corporate expenditures such as taxes and share repurchases for employees that have left the Company and who held equity instruments in Holdings. The Company receives payments on the outstanding balance only when Holdings receives cash from stock issuances. In 2014, 2013 and 2012, the Company made payments of approximately $13,000, $256,000 and $13,000, respectively, on behalf of Holdings. The balance due from Holdings as of December 31, 2014 and 2013 was $1.1 million.
The Company owns 20% of Wandoo Energy LLC (“Wandoo”), a privately owned oil and gas prospecting company. The Company's Chief Operating Officer serves as the Company's representative on the board of directors of Wandoo. The Company received $72,000, $76,000 and $552,000 in 2014, 2013 and 2012, respectively, in cash dividends from Wandoo.