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Leases

12 Months Ended

Dec. 31, 2014

11. Leases

The Company incurred rent expense of $51.9 million, $47.4 million and $39.0 million for the years ended December 31, 2014, 2013 and 2012, respectively. Rent expense is primarily related to short-term equipment rentals that are generally passed through to customers.

Future minimum rental payments required under operating leases having initial or remaining non-cancelable lease terms in excess of one year at December 31, 2014 are as follows:

Year ending December 31,
2015	$	14,554
2016		8,838
2017		3,431
2018		2,638
2019		1,834
Thereafter		3,587
Total	$	34,882

- 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.

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