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Leases

12 Months Ended

Dec. 31, 2014

Note R - Leases

The Company leases certain computer and related equipment using noncancelable operating leases. Lease expense for 2014, 2013 and 2012 was $330, $1,324 and $1,506, respectively. At December 31, 2014, future lease payments for operating leases with initial or remaining noncancelable terms of one year or more consisted of the following:

2015		144
2016		138
2017		106
2018		-
2019		-
Thereafter		-
Total minimum payments required	$	388

- 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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