Notes to the Consolidated Financial Statements
(Years ended December 31, 2007 and 2006 (In thousands of dollars, except per share amounts)
8. Commitments:
The Company is committed under long-term leases as follows:
| (a) | The rental of office space, under various long-term operating leases with remaining terms of up to 12 years and a capital lease for an initial term of 25 years with an additional 10-year renewal option. |
| (b) | The rental of computer hardware and software for terms of one to three years. |
Current lease obligations over the remaining terms of the operating leases are as follows:
| Years ending December 31: | ||
| 2008 | $ | 16,004 |
| 2009 | 14,731 | |
| 2010 | 11,616 | |
| 2011 | 6,431 | |
| 2012 | 5,226 | |
| Thereafter | 24,552 | |
| $ | 78,560 |