Annual report pursuant to Section 13 and 15(d)

Borrowings (Tables)

v3.7.0.1
Borrowings (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Present Value of Net Minimum Payments on Capital Leases
The present value of the net minimum payments on capital leases as of December 31, 2016 is as follows:
 
Total minimum lease payments
$
17,947

Less amount representing interest
$
(7,635
)
Present value of net minimum lease payments
10,312

Current portion of capital leases payable
(542
)
Capital leases payable, net of current portion
$
9,770

Capital lease commitments as of December 31, 2016 were as follows:
 
Capital Lease
Commitments
 
Less: Interest
Payments
 
Principal
Obligations
2017
$
1,285

 
$
743

 
$
542

2018
1,319

 
721

 
598

2019
1,304

 
690

 
614

2020
1,129

 
657

 
472

2021
962

 
630

 
332

2022 onwards
11,948

 
4,194

 
7,754

Total
$
17,947

 
$
7,635

 
$
10,312