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Long-Term Obligation (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Payment Obligations under Financing Agreement

The following table provides a summary of the payment obligations under the Financing Agreement as of December 31, 2013 and 2012, utilizing the payment assumptions discussed above.

 

     December 31,
2013
     December 31,
2012
 
     (in thousands)  

Total repayment obligation

   $ 45,000        $ 45,000    

Less interest to be accreted in future periods

     (8,910)         (13,320)   

Less payments made

     (1,025)         —    

Less current portion

     (5,743)         (2,650)   
  

 

 

    

 

 

 

Long-term obligation, net of current portion

   $       29,322        $       29,030