Minimum Lease Commitments

12 Months Ended

Dec. 31, 2015

The Company occupies certain facilities under operating lease agreements. Gross rental expense related to the Company’s operating leases were $15.7 million in 2015, $10.5 million in 2014, and $9.1 million in 2013. The Company also leases certain owned premises and receives rental income from such lease agreements. Gross rental income related to the Company’s buildings totaled $7.7 million, $6.9 million and $7.0 million, in 2015, 2014 and 2013, respectively. The approximate minimum annual gross rental payments and gross rental receipts under noncancelable agreements for office space with remaining terms in excess of one year as of December 31, 2015, are as follows (in thousands):



	Payments		Receipts
2016	$	10,515	$	5,163
2017	10,139		3,946
2018	9,725		2,688
2019	8,824		1,729
2020	9,516		1,214
2021 and thereafter	114,513		1,058
Total minimum future amounts	$	163,232	$	15,798