Leases

Our operations utilize property, facilities and equipment leased from others. Buildings and facilities are primarily used for restaurants and support facilities. Many of our restaurants are operated under lease arrangements which generally provide for a fixed base rent, and, in many instances, contingent rent based on a percentage of gross revenues. Initial terms of land and restaurant building leases generally range from 10 to 15 years, exclusive of options to renew, which are typically for five year periods. Leases of other equipment consist primarily of restaurant equipment, computer systems and vehicles.

Minimum future lease commitments and amounts to be received as lessor or sublessor under non-cancelable leases, including leases for both open and closed restaurants and optional renewal periods that have been included in the lease term, at December 27, 2017 were as follows:



	Commitments				Lease Receipts
	Capital		Operating		Operating
	(In thousands)
2018	$	8,863	$	26,214	$	23,681
2019	8,429		23,152		21,029
2020	7,796		19,403		18,355
2021	7,142		16,510		16,394
2022	6,483		13,787		14,669
Thereafter	33,073		54,067		67,606
Total	71,786		$	153,133	$	161,734
Less imputed interest	41,564
Present value of capital lease obligations	$	30,222

Rent expense is a component of both occupancy expense and costs of franchise and license revenue in our Consolidated Statements of Income. Lease and sublease rental income is a component of franchise and license revenue in our Consolidated Statements of Income. Rental expense and income were comprised of the following:



	Fiscal Year Ended
	December 27, 2017		December 28, 2016		December 30, 2015
	(In thousands)
Rental expense:
Included as a component of occupancy:
Base rents	$	9,315	$	8,602	$	8,998
Contingent rents	3,168		3,351		3,134
Included as a component of costs of franchise and license revenue:
Base rents	$	17,674	$	19,883	$	21,751
Contingent rents	$	2,864	$	3,077	$	2,897
Total rental expense	$	33,021	$	34,913	$	36,780

Rental income:
Included as a component of franchise and license revenue:
Base rents	$	25,781	$	28,183	$	30,166
Contingent rents	5,042		5,337		5,305
Total rental income	$	30,823	$	33,520	$	35,471