Other Commitments

12 Months Ended

Dec. 31, 2013

Other Commitments [Abstract]

Other Commitments

Note 16 - Other Commitments

The Company leases certain property and equipment under long-term operating leases expiring at various dates through 2024. The leases generally contain specific renewal options at lease-end at the then fair market amounts.

Future minimum lease payments at December 31, 2013 are as follows:

2014	$   10,305
2015	10,019
2016	9,085
2017	8,775
2018	8,850
Thereafter	35,687
	$   82,721

The Company is liable for maintenance, insurance and similar costs under most of its leases and such costs are not included in the future minimum lease payments. Total rental expense for the years ended December 31, 2013, 2012 and 2011, was approximately $8,893, $3,306 and $2,812, respectively.

The Company is party to certain non-cancelable fixed price agreements to purchase fixed amounts of materials used in the manufacturing process. These purchase commitments are typically entered into after a customer places an order for railcars and at December 31, 2013, these purchase commitments totaled $166. The Company expects to take delivery of such materials during 2014.

In addition, the Company has other non-cancelable agreements with its suppliers to purchase certain materials used in the manufacturing process. The commitments may vary based on the actual quantities ordered and be subject to the actual price when ordered. At December 31, 2013, the Company had purchase commitments under these agreements as follows:

2014	$           —
2015	6,395
2016	9,592
2017	9,592
2018	—
Thereafter	—
	$   25,579

Purchases related to these agreements were approximately $19,273, $30,467 and $14,956 for the years ended December 31, 2013, 2012 and 2011, respectively.