Please answer the given financial question based on the context.
Context: future minimum lease payments for all non-cancelable operating leases at may 31 , 2013 were as follows : fiscal years ending may 31: .
|2014|$ 11057|
|2015|8985|
|2016|7378|
|2017|6700|
|2018|6164|
|thereafter|16812|
|total future minimum lease payments|$ 57096|
we are party to a number of claims and lawsuits incidental to our business . in our opinion , the liabilities , if any , which may ultimately result from the outcome of such matters , individually or in the aggregate , are not expected to have a material adverse impact on our financial position , liquidity or results of operations . operating taxes we define operating taxes as taxes that are unrelated to income taxes , such as sales , property , value-add and other business taxes . during the course of operations , we must interpret the meaning of various operating tax matters in the united states and in the foreign jurisdictions in which we do business . taxing authorities in those various jurisdictions may arrive at different interpretations of applicable tax laws and regulations as they relate to such operating tax matters , which could result in the payment of additional taxes in those jurisdictions . as of may 31 , 2013 and 2012 , we did not have liabilities for contingencies related to operating tax items based on management 2019s best estimate given our history with similar matters and interpretations of current laws and regulations . bin/ica agreements we have entered into sponsorship or depository and processing agreements with certain banks . these agreements allow us to use the banks 2019 identification numbers , referred to as bank identification number ( 201cbin 201d ) for visa transactions and interbank card association ( 201cica 201d ) number for mastercard transactions , to clear credit card transactions through visa and mastercard . certain of such agreements contain financial covenants , and we were in compliance with all such covenants as of may 31 , 2013 . our canadian visa sponsorship , which was originally obtained through a canadian financial institution , expired in march 2011 . we have filed an application with the office of the superintendent of financial institutions canada ( 201cosfi 201d ) for the formation of a wholly owned loan company in canada which would serve as our financial institution sponsor . on december 12 , 2012 , the loan company received a restricted order to commence and carry on business from osfi which will enable the loan company to become a direct visa member at such time that global payments concludes the appropriate bin transfer process with visa . in march 2011 , we obtained temporary direct participation in the visa canada system , while the loan company application was pending . we anticipate that the bin transfer process with visa will be completed by september 30 , 2013. .
Question: what percentage of lease payments will be paid out in the first year?


Answer: The answer is:0.19366