Leased Property Under Capital Leases

9 Months Ended

Sep. 28, 2014

7. Leased Property Under Capital Leases

Leased property under capital leases was summarized as follows:


	Sept. 28,		Dec. 29,		Sept. 29,		Estimated
In Thousands	2014		2013		2013		Useful Lives
Leased property under capital leases	$	94,793	$	94,889	$	94,629		3-20 years
Less: Accumulated amortization		50,323		45,908		44,417

Leased property under capital leases, net	$	44,470	$	48,981	$	50,212

As of September 28, 2014, real estate represented $43.9 million of the leased property under capital leases, net and $29.1 million of this real estate is leased from related parties as described in Note 20 to the consolidated financial statements.

The Company’s outstanding obligations for capital leases were $60.6 million, $65.0 million and $66.1 million as of September 28, 2014, December 29, 2013 and September 29, 2013, respectively.