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Property and Equipment
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Property and Equipment

5.

PROPERTY AND EQUIPMENT

Property and equipment at cost consisted of the following as of December 31, 2016 and 2015:

 

 

 

December 31,

 

(Amounts in thousands)

 

2016

 

 

2015

 

Land and improvements

 

$

5,531

 

 

$

5,445

 

Buildings

 

 

73,424

 

 

 

71,926

 

Telephone and computer equipment

 

 

862,352

 

 

 

840,396

 

Office furniture and equipment

 

 

37,043

 

 

 

37,094

 

Leasehold improvements

 

 

57,057

 

 

 

59,384

 

Construction in progress

 

 

52,798

 

 

 

39,433

 

 

 

$

1,088,205

 

 

$

1,053,678

 

 

We lease certain land, buildings and equipment under operating leases which expire at varying dates through December 2029. Rent expense on operating leases was approximately $37.9 million, $36.7 million and $33.2 million for the years ended December 31, 2016, 2015 and 2014, respectively. On all real estate leases, we pay real estate taxes, insurance and maintenance associated with the leased sites. Certain of the leases offer extension options ranging from month-to-month to five years.

Future minimum payments under non-cancelable operating leases with initial or remaining terms of one year or more are as follows:

 

 

 

Total

 

(Amounts in thousands)

 

Operating

 

Year Ending December 31,

 

Leases

 

2017

 

$

23,954

 

2018

 

 

20,676

 

2019

 

 

17,206

 

2020

 

 

13,470

 

2021

 

 

8,211

 

2022 and thereafter

 

 

43,526

 

Total minimum obligations

 

$

127,043