XML 36 R12.htm IDEA: XBRL DOCUMENT

Leases

12 Months Ended

Dec. 31, 2011

(5) Leases

Operating Leases

The Company owns one of its offices and leases the others under non-cancelable operating leases with terms, including renewal options, ranging from five to fifteen years. Future minimum payments under the agreements are as follows:

Year ending December 31,	(Dollars in thousands)

2012	$	2,702
2013		2,490
2014		2,273
2015		1,192
2016		577
Thereafter		622

Total	$	9,856

Rent expense under operating leases was $2,766,000, $2,727,000, and $2,558,000 respectively, in 2011, 2010, and 2009.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details