Leases And Rent Expense

12 Months Ended

Dec. 31, 2017

LEASES AND RENT EXPENSE

EBGL leases its facilities in Oakdale, Minnesota and Prescott, Wisconsin. These facilities are being leased from limited liability companies controlled by two owners of the EBGL Sellers who are shareholders of ATRM. Neither shareholder is a director nor an officer of ATRM, and, to our knowledge, does not own more than 5% of our common stock. These lease agreements provide for monthly base rents totaling $22,135 as of December 31, 2017 and expire on September 30, 2021, with an option to renew for an additional five-year period. As of December 31, 2017, future minimum lease payments under operating leases were as follows (in thousands):



2018	$	266
2019	267
2020	272
2021	207
2022	—
Total minimum lease payments	$	1,012

Rent expense, including facility and various short-term equipment operating leases, was as follows (in thousands):



Years ended December 31,	2017		2016
Paid to companies controlled by shareholder	$	278	$	85
Paid to others	53		15
Total rent expense	$	331	$	100