NOTE 6 – LEASING

The following table identifies the future minimum lease payments under all of the Company's operating and capital leases for each of the next five years and in the aggregate as of December 31, 2014 (in thousands):



	Operating Leases				Capital Leases
	Related Parties		Non-Related Parties		Non-Related Parties		Total
2015	$	4,621	$	247,477	$	25	$	252,123
2016	4,659		234,267		—		238,926
2017	4,526		216,739		—		221,265
2018	4,318		191,781		—		196,099
2019	2,756		169,271		—		172,027
Thereafter	8,917		932,179		—		941,096
Total	$	29,797	$	1,991,714	$	25	$	2,021,536

Capital lease agreements:

The Company assumed certain building capital leases in the acquisition of CSK. The only remaining building capital lease agreement will expire on April 30, 2015. The present value of future minimum lease payments under this building capital lease at December 31, 2014 and 2013, was less than $0.1 million and was classified as long-term debt in the accompanying Consolidated Balance Sheets. The Company did not acquire any additional buildings under capital leases during the years ended December 31, 2014 or 2013.

Operating lease commitments:

The Company leases certain office space, retail stores, property and equipment under long-term, non-cancelable operating leases. Most of these leases include renewal options and some include options to purchase, provisions for percentage rent based on sales and/or incremental step increase provisions.

The future minimum lease payments under the Company's operating leases, in the table above, do not include potential amounts for percentage rent or other operating lease related costs and have not been reduced by expected future minimum sublease income. Expected future minimum sublease income under non-cancelable subleases is approximately $15.3 million at December 31, 2014.

The following table summarizes the net rent expense amounts for the years ended December 31, 2014, 2013 and 2012:



	For the Year Ended December 31,
	2014		2013		2012
Minimum operating lease expense	$	254,565	$	247,039	$	234,113
Contingent rents	759		701		744
Other lease related occupancy costs	11,688		11,257		10,043
Total rent expense	267,012		258,997		244,900
Less: sublease income	3,984		4,105		4,031
Net rent expense	$	263,028	$	254,892	$	240,869

See Note 12 for further information on the Company's related party operating leases.