XML 66 R20.htm IDEA: XBRL DOCUMENT v3.3.0.814
COMMITMENTS AND CONTINGENCIES
 9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
Commitments and Contingencies
 
The Company leases facilities in Ann Arbor, Michigan; Cambridge, Massachusetts and Kastrup, Denmark. In March 2015, the Company amended a portion of the property lease in Ann Arbor which is reflected in the future minimum payments below. In addition to the property leases, the Company also leases various vehicles and computer equipment.
 
As of September 30, 2015, future minimum payments related to leases are as follows:
 
(In thousands)
 
Total
 
2015
 
2016
 
2017
 
2018
 
More than 5 Years
 
Operating leases
 
$
6,916

 
$
1,006

 
$
4,113

 
$
1,450

 
$
347

 
$
—

 
Capital leases
 
129

 
11

 
43

 
43

 
32

 
—

 
Total
 
$
7,045

 
$
1,017

 
$
4,156

 
$
1,493

 
$
379

 
$
—

 

 
Rent expense for the three and nine months ended September 30, 2015 was $1.3 million and $3.8 million, respectively, compared to $1.4 million and $2.2 million for the same periods in 2014.