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Leases

12 Months Ended

Dec. 31, 2013

Note R - Leases

The Company leases certain computer and related equipment using noncancelable operating leases. Lease expense for 2013, 2012 and 2011 was $1,324, $1,506 and $1,483, respectively. At December 31, 2013, future lease payments for operating leases with initial or remaining noncancelable terms of one year or more consisted of the following:

2014	$	164
2015		144
2016		138
2017		106
2018		-
Thereafter		-
Total minimum payments required	$	552

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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