8.	Leases

Operating Lease

The Company leases certain facilities and equipment under operating leases. Current operating lease obligations are expected to be renewed or replaced upon expiration. Future minimum lease payments under all non-cancelable leases expiring beyond one year as of December 31, 2015 are as follows:


	(In thousands)
2016		4,998
2017		3,513
2018		2,633
2019		1,599
2020		1,243
Thereafter		1,047

	$	15,033

Total rent expense amounted to approximately $11.3 million, $10.5 million and $9.4 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Capital Lease

During 2011, the Company acquired leasehold improvements under capital lease. Future minimum annual lease commitments under capital leases as of December 31, 2015 are as follows:


	(In thousands)
2016	$	10
2017		—
2018		—
2019		—

	$	10
Less: Amount representing interest		—
Present value of minimum lease payments		10
Less: Current installments of obligations under capital leases		10

	$	—

Leasehold improvements under capital lease amounted to $0.90 million and $0.94 million, recorded under property and equipment, as at December 31, 2015, and 2014 respectively. Accumulated depreciation on the capital lease amounted to $0.64 million and $0.53 million as at December 31, 2015 and 2014 respectively. Depreciation expense under capital lease amounted to approximately $0.13 million for the year ended December 31, 2015, and $0.14 million for the year ended December 31, 2014.

The capital lease liability of $0.01 million has been recorded under current liability.