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Leases | 12 Months Ended
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Dec. 31, 2016
Leases [Abstract] |
Leases | Leases: The Company leases the majority of its retail store locations, two distribution sites, its Merchandise Innovation Center, transportation equipment and other equipment under various non-cancellable operating leases. The leases have varying terms and expire at various dates through 2033. Store leases typically have initial terms of between 10 and 15 years, with two to four optional renewal periods of five years each. Some leases require the payment of contingent rent that is based upon store sales above agreed-upon sales levels for the year. The sales levels vary for each store and are established in the lease agreements. Generally, most of the leases also require that the Company pays associated taxes, insurance and maintenance costs. Total rent expense for fiscal 2016, 2015 and 2014 was approximately $293.0 million, $262.1 million and $239.3 million, respectively. Total contingent rent expense for fiscal 2016, 2015 and 2014 was insignificant. Future minimum payments, by year and in the aggregate, under leases with initial or remaining terms of one year or more consist of the following (in thousands):
| Capital Leases |  | Operating Leases
2017 | $ | 2,936 |  |  | $ | 299,463 |
2018 | 2,936 |  |  | 293,081 |
2019 | 2,936 |  |  | 280,731 |
2020 | 2,936 |  |  | 262,418 |
2021 | 2,936 |  |  | 238,193 |
Thereafter | 25,218 |  |  | 1,159,368 |
Total minimum lease payments | 39,898 |  |  | $ | 2,533,254 |
Amount representing interest | (12,685 | ) |  |  |
Present value of minimum lease payments | 27,213 |  |  |  |
Less: current portion | (1,294 | ) |  |  |
Long-term capital lease obligations | $ | 25,919 |  |  |  |
Assets under capital leases were as follows (in thousands):
| 2016 |  | 2015
Building and improvements, gross | $ | 29,324 |  |  | $ | 18,831 |
Less: accumulated depreciation and amortization | (3,381 | ) |  | (1,656 | )
Building and improvements, net | $ | 25,943 |  |  | $ | 17,175 |

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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 840 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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