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7. Leases
12 Months Ended
Dec. 31, 2014
Leases [Abstract]  
7. Leases

The Company leases approximately 54,000 square feet of industrial space in West Melbourne, Florida.  The original lease, which expired on June 30, 2005, was renewed for an additional five years. In December 2008 and September 2013, we executed the first and second amendments, respectively, to the lease, each of which reduced the amount of the monthly base rent payment.  The second amendment extended the expiration date to June 30, 2020. Rental, maintenance and tax expenses for this facility were approximately $470 and $477 in 2014 and 2013, respectively. The Company also leases 8,100 square feet of office space in Lawrence, Kansas, to accommodate a portion of the Company’s engineering team. The lease, which had an expiration date of December 31, 2014, was amended on May 1, 2014, and the expiration date was extended for an additional five years to December 31, 2019 effective from January 1, 2015. Rental, maintenance and tax expenses for this facility were approximately $100 and $92 in 2014 and 2013, respectively.

 

The following table summarizes future minimum rental payments under these leases as of December 31, 2014:

 

2015   $ 580  
2016     580  
2017     580  
2018     580  
2019     580  
Thereafter     237  
    $ 3,137