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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Estimated Obligations and Companies Share for the Annual Charter Payment

The estimated obligations for the annual charter payment and the Company’s share of the charter payments through the end of the charter are as follows: (in thousands)

 

Year

  

Full
Charter
Payment

 

  

Company
Share

 

2014

  

$

25,843

  

  

$

7,255

  

2015

  

 

25,843

  

  

 

7,255

  

2016

  

 

25,914

  

  

 

7,275

  

2017

  

 

25,843

  

  

 

7,255

  

2018

  

 

25,843

  

  

 

7,255

  

Thereafter

  

 

51,757

  

  

 

14,530

  

Total

  

$

181,043

  

  

$

50,825

  

 

Operating Lease Obligations for Rentals

In addition to the FPSO, the Company has operating lease obligations for rentals as follows: (in thousands)

 

Year

  

Gross
Obligation

 

  

Company
Share

 

2014

  

$

7,927

  

  

$

2,697

  

2015

  

 

5,963

  

  

 

2,121

  

2016

  

 

3,962

  

  

 

1,422

  

2017

  

 

434

  

  

 

434

  

2018

  

 

36

  

  

 

36

  

Thereafter

  

 

217

  

  

 

217

  

Total

  

$

18,539

  

  

$

6,927