LEASES

Leased property consisted primarily of 1,479 of our retail stores, 0.4 million square feet of warehouse space, and certain transportation equipment, and information technology and other office equipment. Many of the store leases obligate us to pay for our applicable portion of real estate taxes, CAM, and property insurance. Certain store leases provide for contingent rents, have rent escalations, and have tenant allowances or other lease incentives. Many of our leases contain provisions for options to renew or extend the original term for additional periods.

Total rent expense, including real estate taxes, CAM, and property insurance, charged to continuing operations for operating leases consisted of the following:



	2011		2010		2009
(In thousands)
Minimum leases	$	285,081	$	261,197	$	254,054
Contingent leases	637		587		313
Total rent expense	$	285,718	$	261,784	$	254,367

Future minimum rental commitments for leases, excluding closed store leases, real estate taxes, CAM, and property insurance, at January 28, 2012, were as follows:



Fiscal Year
(In thousands)
2012	$	238,087
2013	207,276
2014	162,867
2015	117,745
2016	80,548
Thereafter	120,861
Total leases	$	927,384

We have obligations for capital leases for office equipment, included in accrued operating expenses and other liabilities on our consolidated balance sheet. Scheduled payments for all capital leases at January 28, 2012, were as follows:



Fiscal Year
(In thousands)
2012	$	1,340
2013	998
2014	793
2015	29
2016	2
Thereafter	—
Total lease payments	$	3,162
Less amount to discount to present value	(125		)
Capital lease obligation per balance sheet	$	3,037