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Commitments And Contingencies
12 Months Ended
Dec. 31, 2013
Commitments And Contingencies [Abstract]  
Commitments And Contingencies

NOTE 19: COMMITMENTS AND CONTINGENCIES

The Company leases office equipment for operations as well as office space in Philadelphia, Pennsylvania and Syracuse, New York Total expenses associated with these agreements were $0.3 million, $0.4 million and $0.3 million in 2013, 2012 and 2011, respectively.

The future aggregate operating lease commitments as of December 31, 2013 were as follows:

($ in thousands)    
 
2014 $ 348
2015   357
2016   355
2017   280
2018 and thereafter   1,409
Total $ 2,749

 

The Company has commitments with certain vendors related to access lines and seat licenses. The future aggregate commitment for these is $ 5.4 million beginning in 2014 through 2017.

The Company entered into capital finance agreements for $0.4 million during the year ended December 31, 2013 at interest rates ranging 4.678% to 8.962% and maturity dates of three years. The Company utilizes capital leases to fund equipment and software purchases.

 

From time-to-time the Company is involved in litigation relating to legal claims arising in the normal course of business. These claims are generally covered by insurance. The Company is not currently subject to any litigation which, singularly or in the aggregate, could reasonably be expected to have a material adverse effect on the Company's financial position, results of operations or cash flows.

Approximately 23% of the Company's employees are represented by Local 503 of the International Brotherhood of Electrical Workers.

The existing contract with the Company's union employees expires on October 31, 2016.