Indemnification Obligations

3 Months Ended

Mar. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Indemnification Obligations

Indemnification Obligations

We have agreements whereby our officers and directors are indemnified for certain events or occurrences while the officer or director is, or was, serving at our request in such capacity. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited; however, we retain directors and officers insurance that reduces our exposure and enables us to recover portions of amounts paid. As a result of our insurance coverage, we believe the estimated fair value of these indemnification agreements is minimal.

Management is not aware of any claims under these indemnifications, and accordingly, no liabilities have been recorded for these agreements as of March 31, 2015, and December 31, 2014.