Commitments

Lease Commitments

We lease certain office facilities, automobiles and equipment under operating leases, which, for the most part, are renewable. The majority of these leases also provide that the Company will pay insurance and taxes.

Future minimum rental payments under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of September 30, 2016 are as follows:



(in thousands)
Remaining 2016	$	8,216
2017	21,983
2018	21,072
2019	19,790
2020	16,862
Thereafter	82,144
	$	170,067

Total rental expenses for all operating leases and month-to-month rentals were $5.8 million and $4.6 million for the three months ended September 30, 2016 and September 30, 2015, respectively, and $15.1 million and $13.7 million for the nine months ended September 30, 2016 and September 30, 2015, respectively.

Operational Commitments

In August 2011, an affiliate of Cognizant Technology Solutions Corporation ("Cognizant") acquired CoreLogic India Global Services Private Limited, our India-based captive operations ("CoreLogic India"). The purchase price for CoreLogic India was $50.0 million in cash before working capital adjustments. As part of the transaction, we entered into a Master Professional Services Agreement ("Services Agreement") and supplement ("Supplement") with Cognizant under which Cognizant will provide a range of business process and information technology services to us. The Supplement has an initial term of seven years and we have the unilateral right to extend the term for up to three one-year periods. During the first five years of the agreement, we are subject to a net total minimum commitment of approximately $303.5 million, plus applicable inflation adjustments. In connection with the sale, we recorded $27.1 million of deferred gain on sale which was recognized to income over five years. As of September 30, 2016, the remaining minimum commitment totaled $9.1 million.