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Leases and Other
12 Months Ended
Dec. 31, 2013
Leases [Abstract]  
Leases and Other
Leases and Other
Viad has entered into operating leases for the use of certain of its offices, equipment and other facilities. These leases expire over periods up to 40 years. Leases which expire are generally renewed or replaced by similar leases. Some leases contain scheduled rental increases accounted for on a straight-line basis.
As of December 31, 2013, Viad’s future minimum rental payments and related sublease rentals receivable with respect to non-cancelable operating leases with terms in excess of one year were as follows:
(in thousands)
Rental
Payments
 
Receivable
Under Subleases
2014
$
19,808

 
$
1,665

2015
14,371

 
1,212

2016
9,439

 
963

2017
7,870

 
963

2018
6,097

 
873

Thereafter
8,137

 
1,092

Total
$
65,722

 
$
6,768


Net rent expense under operating leases consisted of the following:
(in thousands)
2013
 
2012
 
2011
Minimum rentals
$
34,201

 
$
36,309

 
$
30,860

Sublease rentals
(6,815
)
 
(6,501
)
 
(6,497
)
Total rentals, net
$
27,386

 
$
29,808

 
$
24,363


The aggregate annual maturities and the related amounts representing interest on capital lease obligations are included in Note 9.
In addition, as of December 31, 2013, the Company had aggregate purchase obligations of $31.6 million related to various licensing agreements, consulting and other contracted services.