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COMMITMENTS
12 Months Ended
Dec. 31, 2013
COMMITMENTS [Abstract]  
COMMITMENTS
NOTE 13, COMMITMENTS:

We lease certain property and equipment under operating leases. Initial lease terms range from 5 years to 30 years and certain leases contain renewal options ranging from one to 25 years or provide for options to purchase the related property at fair market value or at predetermined purchase prices. The leases generally require us to pay all maintenance, property taxes and insurance costs.
 
The following schedule outlines the future minimum lease payments and rentals under operating leases:

(In thousands)
 
Operating Leases
 
2014
 
$
31,296
 
2015
  
30,941
 
2016
  
29,194
 
2017
  
26,850
 
2018
  
25,023
 
Subsequent to 2019
  
84,804
 
Total minimum payments
  
228,108
 
Less total minimum sublease rentals
  
(24
)
Net minimum lease payments
 
$
228,084
 

Step rent and other lease concessions (free rent periods) are taken into account in computing lease expense on a straight-line basis. Lease concessions for capital improvements have not been significant, but are recorded as a reduction of expense over the term of the lease. Net rental expense applicable to operating leases consisted of the following for the years ended December 31:

 
 
2013
  
2012
  
2011
 
Property
 
  
  
 
Minimum
 
$
27,370
  
$
27,633
  
$
28,347
 
Additional rentals based on sales
  
   
   
34
 
Sublease income
  
(146
)
  
(137
)
  
(292
)
 
  
27,224
   
27,496
   
28,089
 
Equipment
  
2,444
   
2,162
   
1,997
 
 
  
29,668
  
$
29,658
  
$
30,086