table of contents hologic , inc .notes to consolidated financial statements ( continued ) ( in thousands , except per share data ) location during fiscal 2009 .the company was responsible for a significant portion of the construction costs and therefore was deemed , for accounting purposes , to be the owner of the building during the construction period , in accordance with asc 840 , leases , subsection 40-15-5 .during the year ended september 27 , 2008 , the company recorded an additional $ 4400 in fair market value of the building , which was completed in fiscal 2008 .this is in addition to the $ 3000 fair market value of the land and the $ 7700 fair market value related to the building constructed that cytyc had recorded as of october 22 , 2007 .the company has recorded such fair market value within property and equipment on its consolidated balance sheets .at september 26 , 2009 , the company has recorded $ 1508 in accrued expenses and $ 16329 in other long-term liabilities related to this obligation in the consolidated balance sheet .the term of the lease is for a period of approximately ten years with the option to extend for two consecutive five-year terms .the lease term commenced in may 2008 , at which time the company began transferring the company 2019s costa rican operations to this facility .it is expected that this process will be complete by february 2009 .at the completion of the construction period , the company reviewed the lease for potential sale-leaseback treatment in accordance with asc 840 , subsection 40 , sale-leaseback transactions ( formerly sfas no .98 ( 201csfas 98 201d ) , accounting for leases : sale-leaseback transactions involving real estate , sales-type leases of real estate , definition of the lease term , and initial direct costs of direct financing leases 2014an amendment of financial accounting standards board ( 201cfasb 201d ) statements no .13 , 66 , and 91 and a rescission of fasb statement no .26 and technical bulletin no .79-11 ) .based on its analysis , the company determined that the lease did not qualify for sale-leaseback treatment .therefore , the building , leasehold improvements and associated liabilities will remain on the company 2019s financial statements throughout the lease term , and the building and leasehold improvements will be depreciated on a straight line basis over their estimated useful lives of 35 years .future minimum lease payments , including principal and interest , under this lease were as follows at september 26 , 2009: .
[['', 'amount'], ['fiscal 2010', '$ 1508'], ['fiscal 2011', '1561'], ['fiscal 2012', '1616'], ['fiscal 2013', '1672'], ['fiscal 2014', '1731'], ['thereafter', '7288'], ['total minimum payments', '15376'], ['less-amount representing interest', '-6094 ( 6094 )'], ['total', '$ 9282']]
in addition , as a result of the merger with cytyc , the company assumed the obligation to a non-cancelable lease agreement for a building with approximately 146000 square feet located in marlborough , massachusetts , to be principally used as an additional manufacturing facility .in 2011 , the company will have an option to lease an additional 30000 square feet .as part of the lease agreement , the lessor agreed to allow the company to make significant renovations to the facility to prepare the facility for the company 2019s manufacturing needs .the company was responsible for a significant amount of the construction costs and therefore was deemed , for accounting purposes , to be the owner of the building during the construction period in accordance with asc 840-40-15-5 .the $ 13200 fair market value of the facility is included within property and equipment , net on the consolidated balance sheet .at september 26 , 2009 , the company has recorded $ 982 in accrued expenses and source : hologic inc , 10-k , november 24 , 2009 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely .the user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law .past financial performance is no guarantee of future results. .

Question: what percentage of lease payments will be paid after 2014?
Answer: 78.5%
Explanation: to find this answer one must divide the amount of lease payments after 2014 by the total amount of lease payments .