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Commitments and License Rights | 12 Months Ended
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Dec. 28, 2017
Commitments and Contingencies Disclosure [Abstract] |
Commitments and License Rights | 10. Commitments and License Rights Lease Commitments - The Company leases real estate under various noncancellable operating leases with an initial term greater than one year that contain multiple renewal options, exercisable at the Company’s option. The Company recognizes rent expense on a straight-line basis over the expected lease term, including cancelable option periods where failure to exercise such options would result in an economic penalty. Percentage rentals are based on the revenues at the specific rented property. Rental payments on capital leases are not recorded in rent expense but are recorded as a reduction of the capital lease obligation and interest expense (see Note 6). Rent expense charged to operations under operating leases was as follows:
|  | Year Ended |  | 31 Weeks Ended |  | Year Ended |
|  | December 28, 2017 |  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |
|  | (in thousands) |
Fixed minimum rentals |  | $ | 12,027 |  | $ | 7,707 |  | $ | 4,693 |  | $ | 8,064 |
Amortization of favorable lease right |  |  | 334 |  |  | 334 |  |  | 194 |  |  | 334 |
Percentage rentals |  |  | 708 |  |  | 343 |  |  | 153 |  |  | 193 |
Amortization of unfavorable leases |  |  | (1,200) |  |  | – |  |  | – |  |  | – |
|  |  | 11,869 |  | $ | 8,384 |  | $ | 5,040 |  | $ | 8,591 |
Aggregate minimum rental commitments under long-term operating leases, assuming the exercise of certain lease options, are as follows at December 28, 2017:
Fiscal Year |  | (in thousands) |
2018 |  | $ | 11,426 |
2019 |  |  | 10,659 |
2020 |  |  | 9,356 |
2021 |  |  | 8,782 |
2022 |  |  | 9,016 |
Thereafter |  |  | 71,841 |
|  | $ | 121,080 |
Commitments - The Company has commitments for the completion of construction at various properties totaling approximately $2,505,000 at December 28, 2017. License Rights - The Company has license rights to operate three hotels using the Hilton trademark, one hotel using the InterContinental trademark and two hotels using the Marriott trademark. Under the terms of the licenses, the Company is obligated to pay fees based on defined gross sales.

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- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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