Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v2.4.1.9
Leases (Tables)
 12 Months Ended
Dec. 31, 2014
Leases [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
Future annual minimum lease payments, excluding inflationary adjustments, are as follows (in thousands):
Year ending December 31,
 
Lease Payments (2)
2015
 
$
10,261

2016
 
10,340

2017
 
10,401

2018
 
2,988

2019
 
2,318

Thereafter (1)
 
172,437

Total
 
$
208,745

 
(1)
Includes certain lease option renewals as they are reasonably assured.
(2)
Lease payments for Sabine Pass LNG’s tug boat lease represent its lease payment obligation and do not take into account the $24.4 million of sublease payments Sabine Pass LNG will receive from its customers that effectively offset these lease payment obligations, as discussed below.