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Leased Property Under Capital Leases
12 Months Ended
Jan. 03, 2016
Leases [Abstract]  
Leased Property Under Capital Leases

6. Leased Property Under Capital Leases

 

 

 

Jan. 3,

 

 

Dec. 28,

 

 

Estimated

In Thousands

 

2016

 

 

2014

 

 

Useful Lives

Leased property under capital leases

 

$

98,001

 

 

$

94,793

 

 

3-20 years

Less:  Accumulated amortization

 

 

57,856

 

 

 

51,822

 

 

 

Leased property under capital leases, net

 

$

40,145

 

 

$

42,971

 

 

 

 

As of January 3, 2016, real estate represented $40.0 million of the leased property under capital leases, net and $23.7 million of this real estate is leased from related parties as described in Note 19 to the consolidated financial statements. The Company’s outstanding lease obligations for capital leases were $55.8 million and $59.0 million as of January 3, 2016 and December 28, 2014.