Note 14, 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
2019	$	29,912
2020		28,123
2021		25,923
2022		20,484
2023		14,740
Subsequent to 2023		48,941
Total minimum lease payments	$	168,123

Step rent and other lease concessions (free rent periods) are taken into account in computing lease expense on a straight-line basis. Landlord allowances 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:

(In thousands)	2018			2015			2016
Property
Minimum	$	27,124		$	27,543		$	26,594
Additional rentals based on sales		22			21			4
Sublease income		(130	)		(90	)		(58	)
		27,016			27,474			26,540
Equipment		3,029			3,084			3,031
	$	30,045		$	30,558		$	29,571