Annual report pursuant to Section 13 and 15(d)

Leases

v3.3.1.900
Leases
12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
Leases
LEASES

During the years ended December 31, 2015, 2014 and 2013, we recognized rental expense for all operating leases of $10.5 million, $10.5 million and $10.0 million, respectively, related primarily to office space and land sites. Our land site leases for the Sabine Pass LNG terminal have initial terms varying up to 30 years with multiple options to renew up to an additional 60 years.

Future annual minimum lease payments, excluding inflationary adjustments, are as follows (in thousands): 
Years Ending December 31,
Operating Leases
2016
$
2,620

2017
2,220

2018
2,219

2019
2,197

2020
2,056

Thereafter (1)
29,664

Total
$
40,976

 
(1)
Includes certain lease option renewals that are reasonably assured.