Leased Properties

12 Months Ended

Dec. 31, 2015

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 $7,097,000, $6,660,000 and $6,280,000 in 2015, 2014 and 2013, respectively.

Consolidated Company minimum future rental payments under operating leases with terms in excess of one year as of December 31, 2015, are:

	(In thousands)
Year	Amount
2016	$	5,836
2017		4,297
2018		3,560
2019		3,011
2020		2,708
Subsequent to 2020		17,889
Total minimum future rental payments	$	37,301