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Commitments and Contingencies
12 Months Ended
Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

NOTE 9 – COMMITMENTS AND CONTINGENCIES

Sangamo occupies office and laboratory space under operating leases in Richmond, California. In August 2013 Sangamo amended its lease agreement wherein the lease was extended through August 2019. We have two additional properties located in Richmond, CA, including a lease to occupy approximately 7,700 square feet of research and office space that expires in January 2018 and a build-to-suit lease to occupy approximately 41,400 square feet of space that expires five years after substantial construction is completed. The rent expense was $0.9 million in 2015, $0.7 million in 2014, and $0.7 million in 2013. Future minimum payments under contractual obligations at December 31, 2015 consist of the following (in thousands):

 

 

 

 

Operating

 

Fiscal Year:

 

Leases

 

2016

 

$

1,015

 

2017

 

 

1,388

 

2018

 

 

1,222

 

2019

 

 

984

 

2020

 

 

503

 

Thereafter

 

 

385

 

Total minimum payments

 

$

5,497

 

 

Contingencies

Sangamo is not party to any material pending legal proceeding. From time to time, we may be involved in legal proceedings arising in the ordinary course of business