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Leasing | 12 Months Ended
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Dec. 31, 2017
Leases [Abstract] |
Leasing | NOTE 6 – LEASING The following table identifies the future minimum lease payments under all of the Company’s operating leases for each of the next five years and in the aggregate as of December 31, 2017 (in thousands):
| December 31, 2017
| Related Parties |  | Non-Related Parties |  | Total
2018 | $ | 4,663 |  |  | $ | 288,654 |  |  | $ | 293,317 |
2019 | 3,210 |  |  | 274,694 |  |  | 277,904 |
2020 | 2,389 |  |  | 255,376 |  |  | 257,765 |
2021 | 1,922 |  |  | 227,392 |  |  | 229,314 |
2022 | 1,164 |  |  | 203,028 |  |  | 204,192 |
Thereafter | 4,476 |  |  | 1,100,193 |  |  | 1,104,669 |
Total | $ | 17,824 |  |  | $ | 2,349,337 |  |  | $ | 2,367,161 |
See Note 11 for further information concerning the Company’s related party operating leases. Operating lease commitments: The Company leases certain office space, retail stores, property and equipment under long-term, non-cancelable operating leases. Most of these leases include renewal options and some include options to purchase, provisions for percentage rent based on sales and/or incremental step increase provisions. The future minimum lease payments under the Company’s operating leases, in the table above, do not include potential amounts for percentage rent or other operating lease related costs and have not been reduced by expected future minimum sublease income. Expected future minimum sublease income under non-cancelable subleases is approximately $15.7 million at December 31, 2017. The following table summarizes the net rent expense amounts for the years ended December 31, 2017, 2016 and 2015, which were included in “Selling, general and administrative expenses” on the accompanying Consolidated Statements of Income (in thousands):
| For the Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Minimum operating lease expense | $ | 289,245 |  |  | $ | 273,559 |  |  | $ | 263,479 |
Contingent rents | 1,049 |  |  | 892 |  |  | 947 |
Other lease related occupancy costs | 12,478 |  |  | 13,241 |  |  | 12,852 |
Total rent expense | 302,772 |  |  | 287,692 |  |  | 277,278 |
Less: sublease income | 4,158 |  |  | 4,439 |  |  | 4,019 |
Net rent expense | $ | 298,614 |  |  | $ | 283,253 |  |  | $ | 273,259 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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