(7) Leases

The following is a schedule of future minimum lease payments required for capital leases and operating leases that have initial or remaining noncancelable terms in excess of one year as of December 25, 2012:

	Capital Leases		Operating Leases

2013	$	117	$	25,866
2014		20		25,356
2015		—		23,055
2016		—		21,528
2017		—		20,410
Thereafter		—		97,262

Total		137	$	213,477

Less amount representing interest of 10.9%		8

Present value of minimum capital lease payments		129
Less current maturities of obligations under capital leases		109

Obligations under capital leases, excluding current maturities	$	20

Capitalized lease assets, primarily building, with a cost of approximately $0.7 million and $0.8 million at December 25, 2012 and December 27, 2011, respectively, are being amortized on a straight-line basis over the applicable lease terms and interest expense is recognized on the outstanding obligations. The total accumulated amortization of property held under capital leases totaled $0.4 million at both December 25, 2012 and December 27, 2011.

Rent expense for operating leases consisted of the following:

	December 25, 2012		December 27, 2011		December 28, 2010

Minimum rent—occupancy	$	25,110	$	22,532	$	20,843
Contingent rent		687		618		518

Rent expense, occupancy		25,797		23,150		21,361
Minimum rent—equipment and other		3,393		3,013		2,613

Rent expense	$	29,190	$	26,163	$	23,974