Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of minimum payments over the terms of applicable contracts

As of December 31, 2014, minimum payments over the terms of applicable contracts were payable as follows (in thousands):

	2015		2016		2017		2018		2019		Thereafter		Total
Operating lease obligations	$	6,278	$	4,995	$	2,715	$	2,367	$	1,767	$	4,162	$	22,284
Capital lease obligations	2,310		1,817		676		40		17		—		4,860
Other commitments (a)(b)	18,693		1,269		95		—		—		—		20,057
Total minimum payments	$	27,281	$	8,081	$	3,486	$	2,407	$	1,784	$	4,162	$	47,201

(a)

Other commitments consist of minimum commitments under non-cancelable contracts for services relating to telecommunications, IT maintenance, financial services and employment contracts with certain employees (which consist of severance arrangements that, if exercised, would become payable in less than one year).

(b)

We had $10.0 million of standby letters of credits (LOCs) under which there were no minimum payment requirements at December 31, 2014. LOCs are commitments issued to third party beneficiaries, underwritten by a third party bank, representing funding responsibility in the event of third party demands or contingent events. The outstanding balance of our standby LOCs reduces the amount available to us from our revolving credit facility. There were no claims made against any standby LOCs during the year ended December 31, 2014.