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Lease Commitments And Total Rental Expense
12 Months Ended
Dec. 31, 2012
Lease Commitments And Total Rental Expense [Abstract]  
Lease Commitments And Total Rental Expense

NOTE 11 – LEASE COMMITMENTS AND TOTAL RENTAL EXPENSE

 

The Company has operating lease agreements expiring in various years through 2020.  The Company has the option to extend the lease agreements for additional lease terms.  The Company is responsible to pay all real estate taxes, insurance, utilities and maintenance and repairs on its leased facilities.

 

Future minimum lease payments by year are as follows as of December 31, 2012 (in thousands):

 

 

 

 

 

 

 

 

2013

$

466 

2014

 

277 

2015

 

200 

2016

 

65 

2017

 

19 

Thereafter

 

39 

 

$

1,066 

 

Rent expense was $541 thousand and $497 thousand for the years ended December 31, 2012 and 2011, respectively.