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Lease Commitments
12 Months Ended
Dec. 31, 2016
Lease Commitments  
Lease Commitments

Note 7 - Lease Commitments

 

We lease the majority of our administration and sales offices under operating leases that expire at varying times through 2021. Rental expense was $1.2 million in 2016,  $0.9 million in 2015 and $0.5 million in 2014.  The following table reflects lease commitments as of December 31, 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments Due By Period

 

 

 

 

 

 

2017

 

2018

 

2019

 

2020

 

2021

 

Thereafter

 

Total

 

Noncancelable operating leases

   

$

1,384

   

$

890

   

$

729

   

$

455

   

$

204

   

$

 —

   

$

3,662

 

Capital lease obligations

 

 

514

 

 

117

 

 

38

 

 

 —

 

 

 —

 

 

 —

 

 

669

 

Leased model homes

 

 

275

 

 

121

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

396

 

Total

 

$

2,173

 

$

1,128

 

$

767

 

$

455

 

$

204

 

$

 —

 

$

4,727