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OPERATING LEASES AND COMMITMENTS
12 Months Ended
Dec. 31, 2016
OPERATING LEASES AND COMMITMENTS  
OPERATING LEASES AND COMMITMENTS

 

NOTE F – OPERATING LEASES AND COMMITMENTS

 

While the Company maintains ownership of most of its larger terminals and distribution centers, certain facilities and equipment are leased. Certain of the leases are renewable for additional periods with similar rent payments. Rental expense for operating leases, including rentals with initial terms of less than one year, totaled $26.7 million, $25.0 million, and $30.2 million in 2016, 2015, and 2014, respectively.

 

The future minimum rental commitments, net of minimum rental to be received under noncancelable subleases, as of December 31, 2016 for all noncancelable operating leases were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equipment

 

 

 

 

 

 

Land and

 

and

 

 

    

Total

    

Structures

    

Other

  

 

 

 

(in thousands)

 

2017

 

$

17,961

 

$

15,917

 

$

2,044

 

2018

 

 

14,519

 

 

12,865

 

 

1,654

 

2019

 

 

11,965

 

 

10,892

 

 

1,073

 

2020

 

 

9,648

 

 

8,688

 

 

960

 

2021

 

 

6,394

 

 

6,078

 

 

316

 

Thereafter

 

 

5,670

 

 

5,670

 

 

 —

 

 

 

$

66,157

 

$

60,110

 

$

6,047

 

 

As of December 31, 2016, the Company had an $18.2 million commitment for the construction of a call center and office building to facilitate the continuing growth in its ArcBest segment, which is expected to be completed in late second quarter 2017.