XML 99 R16.htm IDEA: XBRL DOCUMENT

Leased Properties

12 Months Ended

Dec. 31, 2012

7. Leased Properties

The Company leases certain property and equipment (primarily transportation equipment, buildings and land) under operating leases, which are denominated in local currencies. Total rental expense was $6,713,000, $6,182,000 and $5,335,000 in 2012, 2011 and 2010, respectively.

Consolidated Company minimum future rental payments under operating leases with terms in excess of one year as of December 31, 2012, are:


(In thousands)	Year		Amount

		2013	$	4,730
		2014		3,425
		2015		2,609
		2016		2,261
		2017		1,719
		Subsequent to 2017		18,575

Total minimum future rental payments			$	33,319

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details