Lease Obligations

12 Months Ended

Dec. 31, 2015

Text Block [Abstract]

Lease Obligations

LEASE OBLIGATIONS

We have entered into several operating lease arrangements for office space, equipment and pipeline facilities. Rent expense related to these leases for 2015, 2014 and 2013 was $1.7 million, $1.8 million and $1.6 million, respectively. Future minimum payments under our current lease agreements for the years 2016 through 2020 are $1.3 million, $649,000, $484,000, $424,000, and $273,000, respectively, and approximately $2.2 million thereafter, with an aggregate total of approximately $5.3 million.

For the years ended December 31, 2015 and 2014, we paid $1.5 million and $1.1 million, respectively, for a capital lease arrangement related to Sandpiper's capacity, supply and operating agreement. Future minimum payments under this lease arrangement are $1.5 million for 2016 through 2018 and $625,000 in 2019, with an aggregate total of $5.1 million.