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