Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

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Commitments and Contingencies
 6 Months Ended
Jun. 30, 2013
Commitments And Contingencies Disclosure [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 for the remainder of 2013 and each of the five succeeding years and thereafter, are as follows (in thousands):

 

Location

    Lease End Date      2013      2014      2015      2016      2017      2018      Thereafter  

Tulsa, OK

      Apr-21       $ 76       $ 153       $ 153       $ 153       $ 153       $ 153       $ 381   

Dartmouth, MA

      May-36         87         174         174         174         174         174         3,472   

Springfield, MA

      Feb-30         43         86         86         86         89         90         1,063   
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
      $ 206       $ 413       $ 413       $ 413       $ 416       $ 417       $ 4,916   
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Expenses recorded in connection with rental expense incurred for the properties listed above during the six months ended June 30, 2013 and 2012 were $214 and $213, respectively. Rental expenses are reflected in property operating expenses on the condensed consolidated statements of operations.