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COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2013
COMMITMENTS AND CONTINGENCIES  
Schedule of minimum lease payment obligations under operating leases

The following table presents minimum lease payment obligations under our operating leases with terms in excess of one year for the years ending December 31 (in thousands):

 

 

 

Office Space

 

 

 

Land

 

 

 

 

 

and Other

 

Equipment (1)

 

Leases (2)

 

Total

 

2014 

 

$

3,551

 

$

3,314

 

$

2,863

 

$

9,728

 

2015 

 

3,653

 

—

 

2,850

 

6,503

 

2016 

 

3,742

 

—

 

2,850

 

6,592

 

2017 

 

3,838

 

—

 

2,850

 

6,688

 

2018 

 

2,981

 

—

 

2,850

 

5,831

 

Thereafter

 

8,627

 

—

 

113,371

 

121,998

 

Total

 

$

26,392

 

$

3,314

 

$

127,634

 

$

157,340

 

 

 

(1)         Includes BORCO facility leases for tugboats and a barge in our Global Marine Terminals segment.

(2)         Includes leases for properties in connection with both the jetty and inland dock operations in the Global Marine Terminals segment and excludes leases related to our Natural Gas Storage disposal group.