Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2014

Future minimum commitments under Fan Pier Leases and facility operating leases with terms of more than one year, net of estimated sublease income

As of December 31, 2014, future minimum commitments under the Fan Pier Leases, facility operating leases with terms of more than one year and contractual sublease income under the Company’s subleases for the Kendall Square Facility as adjusted for a sublease executed in February 2015 were as follows:



Year	Fan Pier Leases		Kendall Square Lease		Kendall Sublease Income			Other Operating Leases		Total Lease Commitments (Net of Sublease Income)
	(in thousands)
2015	$	67,206	$	19,879	$	(11,405	)	$	28,710	$	104,390
2016	67,206		19,879		(15,355		)	12,953		84,683
2017	67,206		19,879		(15,355		)	12,792		84,522
2018	67,206		6,626		(5,118		)	12,582		81,296
2019	72,589		—		—			9,330		81,919
Thereafter	680,209		—		—			78,612		758,821
Total minimum lease payments	$	1,021,622	$	66,263	$	(47,233	)	$	154,979	$	1,195,631

Schedule of future minimum lease payments for capital leases

The following table sets forth the Company’s future minimum payments due under capital leases as of December 31, 2014:



Year	(in thousands)
2015	$	20,792
2016	14,254
2017	13,129
2018	13,027
2019	3,047
Thereafter	—
Total payments	64,249
Less: amount representing interest	(7,150		)
Present value of payments	$	57,099