Leases And Rental Expense

12 Months Ended

Sep. 30, 2017

Leases And Rental Expense [Abstract]

5. Leases and Rental Expense

The Company conducts part of its retail operations from leased facilities. The initial terms of the leases are generally 20 years. The majority of the leases include one or more renewal options and provide that the Company pay property taxes, utilities, repairs and certain other costs incidental to occupation of the premises. Several leases contain clauses calling for percentage rentals based upon gross sales of the supermarket occupying the leased space. Step rent provisions, escalation clauses, capital improvements and other lease concessions are taken into account in computing minimum lease payments, which are recognized on a straight-line basis over the minimum lease term.

Operating Leases - Rent expense for all operating leases of $13.6 million, $13.8 million and $13.6 million for fiscal years 2017, 2016 and 2015, respectively, is included in operating and administrative expenses. Sub-lease rental income of $0.2 million for each of fiscal years 2017, 2016 and 2015, is included as a reduction of rental expense.

The components of aggregate minimum rental commitments under non-cancelable operating leases as of September 30, 2017 are as follows:



Fiscal Year
2018	$	10,798,918
2019		9,667,459
2020		8,230,687
2021		5,865,384
2022		4,907,683
Thereafter		24,665,312
Total minimum future rental commitments	$	64,135,443

- Definition

The entire disclosure for lessor entity's leasing arrangements for operating, capital and leveraged leases.

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