Leases

Office Space

The Company's executive offices and those related to certain domestic product development, marketing, production and administration are located in a 186,000 square foot office facility in Canonsburg, Pennsylvania. The term of the lease is 183 months, beginning on October 1, 2014 and expiring on December 31, 2029. Absent the exercise of options in the lease for additional rentable space or early lease termination, the Company's base rent (inclusive of property taxes and certain operating expenses) will be $4.3 million per annum for the first five years of the lease term, $4.5 million per annum for years six through ten and $4.7 million per annum for years eleven through fifteen. The Company incurred $4.4 million in lease expense related to this facility during each of the years ended December 31, 2017, 2016 and 2015.

The Company has entered into various other noncancellable operating leases for office space.

Office space lease expense totaled $17.1 million, $16.9 million and $16.5 million for the years ended December 31, 2017, 2016 and 2015, respectively. Future minimum lease payments, including termination fees, under noncancellable operating leases for office space in effect at December 31, 2017 are as follows:



(in thousands)
2018	$	14,139
2019	11,570
2020	8,785
2021	7,675
2022	7,046
Thereafter	15,898
Total	$	65,113