Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

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Commitments and Contingencies
 3 Months Ended
Mar. 31, 2013
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
7. Commitments and Contingencies

Ground Leases

We are obligated as lessee under three ground leases. Future minimum rental payments due under the terms of these leases as of March 31, 2013, are as follows (in thousands):

 

                                                                 
          For the year ended December 31,        

Location

   Lease End Date     2013     2014     2015     2016     2017     2018     Thereafter  
                 

Tulsa, OK

     Apr-21     $ 115     $ 153     $ 153     $ 153     $ 153     $ 153     $ 381  

Dartmouth, MA

     May-36       131       174       174       174       174       174       3,470  

Springfield, MA

     Feb-30       65       86       86       86       89       90       1,064  
           

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
            $ 311     $ 413     $ 413     $ 413     $ 416     $ 417     $ 4,915  
           

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Expenses recorded in connection with rental expense incurred for the properties listed above during the three months ended March 31, 2013 and 2012 were $107 and $106, respectively. Rental expenses are reflected in property operating expenses on the condensed consolidated statements of operations.