Leased Properties

12 Months Ended

Dec. 31, 2017

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 $10,807,000, $8,595,000, and $7,097,000 in 2017, 2016 and 2015, respectively.

Consolidated Company minimum future rental payments under operating leases with initial or remaining noncancelable lease terms in excess of one year as of December 31, 2017, are:

(In thousands)
Year
2018	$	8,950
2019		6,659
2020		5,967
2021		4,683
2022		4,099
Subsequent to 2022		20,173
Total minimum future rental payments	$	50,531