During the years ended December 31, 2019, 2018, and 2017, the Company recognized rental expense for all operating leases of $37,069, $23,687, and $17,369, respectively. These operating leases were related primarily to LNG vessel time charters, office space, land leases, and marine port berth leases as summarized in the table below. Lease | | Non-cancellable Initial Term | | Renewal Option | | Rent Escalation (per annum) | | LNG vessel time charter | | 2 to 7 years | | 0 to 5 years | | 0% to 2% | | Marine port berth | | 20 to 25 years | | 0 to 20 years | | See Note (1) | | Office space and land | | monthly to 7 years | | 0 to 5 years | | 2.5% to 5.0% | |
(1) | One marine port berth lease has a 15% lease payment escalation after year five |
Future minimum lease payments under non-cancellable operating leases are as follows:
Year ending December 31: | | | | 2020 | | $ | 37,776 | | 2021 | | | 35,478 | | 2022 | | | 18,387 | | 2023 | | | 7,083 | | 2024 | | | 7,151 | | Thereafter | | | 26,458 | | Total | | $ | 132,333 | |
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