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Operating Leases, as Lessee
12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Operating Leases, as Lessee

12. Operating Leases, as Lessee

 

The Company leases and/or licenses several data center facilities and related equipment, its corporate headquarters and additional office space.  Many of the data center facilities that the Company leases were acquired in 2015 through its acquisition of Carpathia. In addition, the Company has entered into a long-term ground sublease for its Santa Clara property through October 2052. Rent expense for the aforementioned leases was $20.1 million, $14.6 million and $5.9 million for the years ended December 31, 2016, 2015 and 2014, respectively, and is classified in property operating costs and general and administrative expenses in the accompanying Statements of Operations and Comprehensive Income. The Company recorded $0.1 million of capitalized rent for the year ended December 31, 2016. The Company recorded no capitalized rent for the years ended December 31, 2015 and 2014. The future non-cancellable minimum rental payments required under operating leases and/or licenses at December 31, 2016 are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

2017

 

$

16,344

2018

 

 

12,004

2019

 

 

10,108

2020

 

 

9,708

2021

 

 

9,919

Thereafter

 

 

73,467

Total

 

$

131,550