Commitments and Contingencies Legal Proceedings In the ordinary course of business, the Company may be subject to legal and regulatory proceedings and examinations that are generally incidental to the Company's ongoing operations. While there can be no assurance of the ultimate disposition of any such proceedings or examinations, the Company does not believe their disposition will have a material adverse effect on the Company's Condensed Consolidated Financial Statements. In addition, in connection with activities of one of the Company's investment advisor subsidiaries that occurred prior to the Company's acquisition of such investment advisor, the Company made certain voluntary reimbursements and other payments to certain investors and CLOs currently or formerly managed by such investment advisor. As a result of a contractual arrangement the Company was fully indemnified for these payments by the seller of such investment advisor and does not believe they had a material adverse impact on the Company's Condensed Consolidated Financial Statements. In addition, a suit was filed against the Company (and certain of its affiliates and directors) by a former employee. The Company denies the allegations, intends to defend itself vigorously, believes that the pending lawsuit is without merit and has filed counterclaims against the plaintiff. Lease Commitments Total occupancy expense for both the three and six months ended June 30, 2013 was $0.4 million and $0.7 million , respectively, and for the three and six months ended June 30, 2012 was $0.2 million and $0.6 million , respectively. The future minimum commitments under the Company's lease agreement are as follows: (In thousands) 2013 (remaining 6 months) $ 402 2014 1,607 2015 1,607 2016 1,607 2017 1,607 Thereafter 8,690 $ 15,520 Unfunded Debt and Loan Commitments  Certain of the Consolidated CLOs have debt structures which include unfunded revolvers. Unfunded debt commitments represent the estimated fair value of those unfunded revolving debt facilities. The Consolida