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OPERATING LEASES
12 Months Ended
Dec. 31, 2015
OPERATING LEASES [Abstract]  
OPERATING LEASES

NOTE 7: OPERATING LEASES

Rental expense from continuing operations under nonmineral operating leases for the years ended December 31, exclusive of rental payments made under leases of one month or less, is summarized as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2015 

 

 

2014 

 

 

2013 

 

Operating Leases

 

 

 

 

 

 

 

 

Minimum rentals

$        49,461 

 

 

$       42,887 

 

 

$       40,151 

 

Contingent rentals (based principally on usage)

60,380 

 

 

56,717 

 

 

44,111 

 

Total

$      109,841 

 

 

$       99,604 

 

 

$       84,262 

 

 

Future minimum operating lease payments under all leases with initial or remaining noncancelable lease terms in excess of one year, exclusive of mineral leases (see Note 12), as of December 31, 2015 are payable as follows:

 

 

 

 

 

 

 

in thousands

 

 

Future Minimum Operating Lease Payments

 

 

2016

$        30,945 

 

2017

29,712 

 

2018

26,543 

 

2019

22,455 

 

2020

20,508 

 

Thereafter

128,657 

 

Total

$      258,820 

 

 

Lease agreements frequently include renewal options and require that we pay for utilities, taxes, insurance and maintenance expense. Options to purchase are also included in some lease agreements.