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Property and Equipment
12 Months Ended
Dec. 31, 2013
Property Plant And Equipment [Abstract]  
Property and Equipment

(9) Property and Equipment

Property and Equipment

Property and equipment are stated at cost. Repairs and maintenance are charged to expense when incurred.

 

Depreciation on property and equipment is calculated using the straight-line method over the estimated useful lives of the assets, generally two to seven years. Leasehold improvements are amortized using the straight-line method over the shorter of the estimated useful life or the lease term.

 

     December 31, 2013     December 31, 2012  

Office furniture and fixtures

   $ 762      $ 420   

Equipment

     3,127        1,886   

Leasehold improvements

     1,137        1,083   
  

 

 

   

 

 

 

Gross property and equipment

     5,026        3,389   

Less accumulated depreciation and amortization

     (2,631     (1,936
  

 

 

   

 

 

 

Property and equipment, net

   $ 2,395      $ 1,453   
  

 

 

   

 

 

 

Leases

Future minimum lease payments under non-cancelable operating leases are as follows:

 

Year ending December 31:

   Operating
Leases
 

2014

   $ 1,074   

2015

     1,112   

2016

     808   

2017

     3   

2018

     —    

Thereafter

     —    
  

 

 

 

Total minimum lease payments

   $ 2,997   
  

 

 

 

Rent expense on the operating leases are as follows:

 

     Year Ended
December 31,
2013
     Year Ended
December 31,
2012
     Year Ended
December 31,
2011
 

Rent expense

   $ 925       $ 776       $ 866