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Leased Properties
12 Months Ended
Dec. 31, 2018
Leases [Abstract]  
Leased Properties

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 $10,455,000, $10,807,000, and $8,595,000 in 2018, 2017 and 2016, 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, 2018, are:

 

(In thousands)

 

 

 

 

Year

 

 

 

 

2019

 

$

9,740

 

2020

 

 

8,294

 

2021

 

 

6,027

 

2022

 

 

5,242

 

2023

 

 

4,101

 

Subsequent to 2023

 

 

16,593

 

Total minimum future rental payments

 

$

49,997