Annual report pursuant to Section 13 and 15(d)

Long-Term Debt and Other Arrangements (Tables)

v2.4.0.8
Long-Term Debt and Other Arrangements (Tables)
 12 Months Ended
Dec. 31, 2013
Long-Term Debt and Other Arrangements [Abstract]  
Aggregate future principal and final fee payments of interest bearing obligations
Aggregate future principal and final fee payments of the Company’s total interest bearing obligations - long-term as of December 31, 2013 are as follows (in thousands):

Year Ending December 31,
  
Total
  
2014
   $ 5,917  
2015
     19,127  
2016
     20,649  
      45,693  
Less current portion
     (5,917 )
Total
   $ 39,776  

Interest expense and amortization of debt issuance costs
Interest expense and amortization of debt issuance costs and discounts, recorded as other expense in the consolidated statements of comprehensive loss for the year ended December 31, 2013, 2012 and 2011 are shown below (in thousands):

   
Year ended December 31,
  
   
2013
    
2012
    
2011
  
Interest expense
                  
Servier loan
   $ 2,152     $ 2,097     $ 2,087  
GECC term loan
     2,064       1,850       -  
Novartis note
     362       397       341  
Other
     53       43       34  
Total interest expense
   $ 4,631     $ 4,387     $ 2,462