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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligations and Commercial Commitments
The following tables summarize our approximate minimum contractual obligations and commercial commitments as of December 31, 2014:
 
 
 
Payments Due in Period
 
 
 
Total
 
Within
1 Year
 
Years
1 - 3
 
Years
4 - 5
 
More than
5 Years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Leases
 
$
106,000
 
$
104,000
 
$
2,000
 
$
-
 
$
-
 
Employment Contracts (1)
 
 
175,000
 
 
175,000
 
 
-
 
 
-
 
 
-
 
Total
 
$
281,000
 
$
279,000
 
$
2,000
 
$
-
 
$
-
 
 
(1) Represents amount payable under severance agreement for John C. Houghton, effective January 4, 2015. See Note 15, Subsequent Events, for further discussion.