Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.3.1.900
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]
As of December 31, 2015, contractual obligations with terms exceeding one year and estimated minimum future rental payments required by non-cancelable operating leases with initial or remaining lease terms exceeding one year are as follows:
 
 
 
Less than
 
1 to 3
 
3 to 5
 
After
 
Total
 
1 Year
 
Years
 
Years
 
 5 Years
Contingent consideration (1)
$
18,549

 
$
659

 
$
7,095

 
$
4,451

 
$
6,344

Contractual obligations (2)
46

 
46

 
—

 
—

 
—

Operating lease obligations:
 
 
 
 
 
 
 
 
 
  Minimum lease payments
2,388

 
2,103

 
285

 
—

 
—

  Less minimum sublease rentals (3)
(753
)
 
(753
)
 
—

 
—

 
—

       Net minimum lease payments
1,635

 
1,350

 
285

 
—

 
—

               Total
$
20,230

 
$
2,055

 
$
7,380

 
$
4,451

 
$
6,344



(1) Amounts represent contingent royalty and milestone payments in connection with the Company's 2014 acquisitions based on annual net sales and the launch of the diagnostic tests acquired.

(2) Amounts represent contractual obligations related to software license contracts, office equipment and contracts for software systems.

(3) As of December 31, 2015, the Company has entered into various sublease agreements for all of the office space at the Saddle River, New Jersey facility and the Dresher, Pennsylvania facility. These subleases will provide aggregated lease income of approximately $1.9 million and $1.3 million, respectively, over the lease periods.