Operating Leases

Most of the Company’s rental properties are leased under operating leases with expiration dates ranging from 1 to 34 years. Future minimum rentals on non-cancelable tenant operating leases at December 31, 2013 are as follows (in thousands):



	Amount
Year:
2014	$	262,504
2015	261,897
2016	252,801
2017	238,629
2018	215,558
Thereafter	1,377,520
Total	$	2,608,909

The Company leases its executive office from an unrelated landlord. Rental expense totaled approximately $435 thousand, $467 thousand and $463 thousand for the years ended December 31, 2013, 2012 and 2011, respectively, and is included as a component of general and administrative expense in the accompanying consolidated statements of income. Future minimum lease payments under this lease at December 31, 2013 are as follows (in thousands):



	Amount
Year:
2014	$	434
2015	454
2016	358
2017	—
2018	—
Thereafter	—
Total	$	1,246