Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 283

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 283
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 26,059

        $
        10,163

        $
        36,222

        2026

        23,060

        10,254

        33,314

        2027

        18,853

        8,810

        27,663

        2028

        14,513

        8,237

        22,750

        2029

        11,902

        7,327

        19,229

        Thereafter

        27,335

        1,838

        29,173

        Total future payments
         
        $
        121,722

        $
        46,629

        168,351

        Less impact of discounting

        26,990

        141,361

        Current portion

        35,065

        Long-term portion

        $
        106,296

       Most lease agreements include provisions for renewals. We generally do not include renewal options in our lease term for purposes of measuring our lease liabilities and right-of-use assets unless the sublease to our customer extends beyond the term of the head lease.Of our leased sites, we operate 152 of them as company operated sites. Substantially all the remaining leased sites are subleased to lessee dealers or commission agents under leases with terms generally ranging from one to ten years and which may include renewal options. Sublease rental income amounted to $31.3 million, $35.3 million and $35.4 million for 2024, 2023 and 2022, respectively. Operating Leases of Sites as LessorMotor fuel stations are leased to tenants under operating leases with various expiration dates ranging through 2041. Most lease agreements include provisions for renewals. We generally do not include renewal options in our lease term. Future minimum rental payments under non-cancelable operating leases with third parties as of December 31, 2024 were as follows (in thousands): 

        2025
         
        $
        35,082

        2026

        26,004

        2027

        15,428

        2028

        9,066

        2029

        7,294

        Thereafter

        17,160

        Total future minimum lease payments
         
        $
        110,034