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Leases
12 Months Ended
Dec. 31, 2016
Leases

(8) Leases

The future minimum lease payments under all noncancelable leases at December 31, 2016, principally for trailing equipment, are shown in the following table (in thousands):

 

     Capital
Leases
     Operating
Leases
 

2017

   $ 47,860       $ 634   

2018

     37,654         424   

2019

     29,431         123   

2020

     22,054         53   

2021

     7,572         53   

Thereafter

     —           264   
  

 

 

    

 

 

 

Total future minimum lease payments

     144,571       $ 1,551   
     

 

 

 

Less amount representing interest (2.0% to 3.1%)

     6,267      
  

 

 

    

Present value of minimum lease payments

   $ 138,304      
  

 

 

    

Total rent expense/income, net of sublease income, was $1,641,000 income in fiscal year 2016, $318,000 expense in fiscal year 2015 and $587,000 income in fiscal year 2014.