Financing Obligations

6 Months Ended

Jun. 30, 2015

Debt and Capital Lease Obligations [Abstract]

During the six months ended June 30, 2015, the Company acquired $411,000 in computer and network equipment through the issuance of capital leases. Balances for assets acquired under capital lease obligations were as follows (in thousands):



	June 30, 2015			December 31, 2014
Computer and network equipment	$	411		$	—
Accumulated depreciation	(23		)	—
Assets acquired under capital lease obligations, net	$	388		$	—

As of June 30, 2015, the future minimum payments under capital leases with initial terms of one year or more are as follows (in thousands):



Periods ending December 31,
2015	$	91
2016	181
2017	181
2018	61
Total minimum lease payments	514
Less amount representing interest	(36		)
Present value of net minimum lease payments	478
Less current portion	(163		)
Balance, end of period	$	315