COMMITMENTS AND CONTINGENCIES Lease Commitments The Company leases office and research facilities and office equipment under operating leases which expire at various dates through 2020. The amounts reflected in the table below are for the aggregate future minimum lease payments under non-cancelable facility and equipment operating leases. Under lease agreements that contain escalating rent provisions, lease expense is recorded on a straight-line basis over the lease term. Rent expense for the three months ended June 30, 2015 and 2014 amounted to $0.5 million and $0.9 million , respectively. Rent expense for the six months ended June 30, 2015 and 2014 amounted to $1.0 million and $1.9 million , respectively. As of June 30, 2015 , future minimum lease payments are as follows (in thousands): Lease Obligations 2015 (remaining 6 months) $ 1,167 2016 2,237 2017 2,270 2018 2,306 2019 2,135 Thereafter 1,808 $ 11,923 Contingencies For all legal proceedings described below, at each reporting period, the Company evaluates whether or not a potential loss amount or a potential range of loss is probable and reasonably estimable under the provisions of the authoritative guidance that addresses accounting for contingencies. The Company is currently unable to predict the final outcome of these lawsuits and therefore cannot determine the likelihood of loss nor estimate a range of possible loss. An adverse decision in any of these proceedings could significantly harm the Company s business and consolidated financial position, results of operations or cash flows. Tessera, Inc. v. Toshiba Corporation, Civil Action No. 5:15-cv-02543-BLF (N.D. Cal.) On May 12, 2015, Tessera, Inc. filed a complaint against Toshiba Corporation ( Toshiba ) in California Superior Court, in Santa Clara County. Tessera, Inc. s complaint alleges causes of action for breach of contract, breach of the implied covenant of good faith and fair dealing, and declaratory relief. The complaint seeks, among other things, a judicial determination and declaration that To