Investment in Direct Finance Leases

12 Months Ended

Dec. 31, 2014

Investment in Direct Finance Leases [Abstract]

Investment in Direct Finance Leases

Investment in Direct Finance Leases

The Company’s investment in direct finance leases relates to the financing and management of one Australian facility. The Company’s wholly-owned Australian subsidiary financed the facility’s development with long-term debt obligations, which are non-recourse to the Company.

The future minimum rentals to be received are as follows:

Fiscal Year	Annual Repayment
	(In thousands)
2015	$	7,630
2016	7,903
2017	2,147
Total minimum obligation	$	17,680
Less unearned interest income	(2,093		)
Less current portion of direct finance lease (included in Prepaid expenses and other current assets)	(6,331		)
Long term portion of investment in direct finance lease	$	9,256