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Lease Commitments
12 Months Ended
Dec. 31, 2017
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 2025. Rental expense was $1.1 million, $1.2 million and $0.9 million in 2017, 2016 and 2015, respectively. The following table reflects lease commitments as of December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments Due By Period

 

 

 

 

 

 

2018

 

2019

 

2020

 

2021

 

2022

 

Thereafter

 

Total

 

Noncancelable operating leases

    

$

1,456

    

$

1,483

    

$

1,195

    

$

889

    

$

689

    

$

1,459

    

$

7,171

 

Capital lease obligations

 

 

151

 

 

44

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

195

 

Leased model homes

 

 

156

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

156

 

Total

 

$

1,763

 

$

1,527

 

$

1,195

 

$

889

 

$

689

 

$

1,459

 

$

7,522