19. OPERATING LEASES

We lease certain properties and equipment with lease terms expiring through 2038. In most instances, the property leases provide for the renegotiation of rental terms at fixed intervals, and generally contain renewal options for periods ranging from five to 15 years.

Net rent expense for all operating leases for the years ended December 31, 2012, 2011 and 2010 is summarized as follows:

	Year Ended December 31,
	2012			2011			2010
	(Dollars in thousands)

Rent expense charged to net occupancy	$	10,053		$	10,286		$	10,195
Less sublease income	(25		)	(74		)	(92		)
Net rent expense charged to net occupancy	10,028			10,212			10,103
Rent expense charged to equipment expense	104			162			191
Total net rent expense	$	10,132		$	10,374		$	10,294

The following is a schedule of future minimum rental commitments for all noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2012 (in thousands):

Year ending December 31:
2013	$	7,868
2014	7,145
2015	5,998
2016	5,000
2017	4,302
Thereafter	25,718
Total	$	56,031

In addition, the Company, as lessor, leases certain properties that it owns. The following is a schedule of future minimum rental income for those noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2012 (in thousands):

Year ending December 31:
2013	$	3,149
2014	2,489
2015	1,774
2016	877
2017	338
Thereafter	49
Total	$	8,676

In instances where the lease calls for a renegotiation of rental payments, the lease rental payment in effect prior to renegotiation was used throughout the remaining lease term.