LEASES

Leased property consisted primarily of 1,394 of our retail stores and certain transportation, 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:



(In thousands)	2015		2014		2013
Minimum rents	$	314,605	$	314,276	$	309,935
Contingent rents	637		312		308
Total rent expense	$	315,242	$	314,588	$	310,243

Future minimum rental commitments for leases, excluding closed store leases, real estate taxes, CAM, and property insurance, at January 30, 2016, were as follows:



Fiscal Year	(In thousands)
2016	$	249,556
2017	208,306
2018	172,415
2019	127,254
2020	85,260
Thereafter	93,899
Total leases	$	936,690

We have obligations for capital leases primarily for store asset protection equipment and office equipment, included in accrued operating expenses and other liabilities on our consolidated balance sheet. Scheduled payments for all capital leases at January 30, 2016, were as follows:



Fiscal Year	(In thousands)
2016	$	5,956
2017	5,235
2018	4,532
2019	4,532
2020	4,532
Thereafter	3,886
Total lease payments	$	28,673
Less amount to discount to present value	(3,293		)
Capital lease obligation per balance sheet	$	25,380