XML 67 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 4 - Lease Obligations and Other Contingencies
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

Note 4 — Lease Obligations and Other Contingencies


The Company has the following minimum payments under operating lease obligations that existed at December 31, 2014:


2015   $ 739  
2016     383  
2017     384  
2018     356  
2019     366  
Thereafter     186  
Total minimum payments   $ 2,414  

The obligations in the preceding table are primarily related to the Company’s leases for buildings in Birmingham, Alabama and Durham, North Carolina. The lease for the Company’s headquarters in Durham, North Carolina expires June 30, 2020. The lease for the existing facility in Alabama expires June 30, 2016; however, in October 2015, the Company will lease an additional approximate 35 square feet in Birmingham to house its new research facilities. The Company expects to begin construction on its new research facility in 2015 and this lease obligates the Company for $5,148 through 2026. Rent expense for operating leases was $633, $526, and $629 in 2014, 2013, and 2012, respectively.