Note 11 ? Commitments and Contingencies Commitments We lease land, buildings, vehicles and equipment pursuant to non-cancelable operating lease agreements and we contract for general services pursuant to non-cancelable operating leases and agreements that expire at various dates through 2036. In addition, we have entered into commitments for future syndicated entertainment and sports programming. The following table summarizes all of our estimated future cash payments, after giving effect to amendments to certain of these agreements since December 31, 2010. Syndicated Operating Leases Television and Agreements Programming Total Year 2011 $ 20,365 25,918 $ 46,283 2012 22,198 23,313 45,511 2013 12,907 20,161 33,068 2014 9,630 9,795 19,425 2015 6,172 782 6,954 Thereafter 11,181 ? 11,181 Total obligations 82,453 79,969 162,422 Less recorded contracts ? 31,577 31,577 Future contracts $ 82,453 $ 48,392 $ 130,845 Contingencies GECC Note GECC provided debt financing for the joint venture between NBCUniversal and us, in the form of an $815.5 million non-amortizing senior secured note due 2023 bearing interest at an initial rate of 8% per annum until March 2, 2013 and 9% per annum thereafter (?GECC Note?). The GECC Note is an obligation of the joint venture. We have an approximate 20% equity interest in the joint venture and NBCUniversal has the remaining approximate 80% equity interest, in which we and NBCUniversal each have a 50% voting interest. NBCUniversal operates the two television stations held by the joint venture, KXAS-TV, an NBC affiliate in Dallas, and KNSD-TV, an NBC affiliate in San Diego, pursuant to a management agreement. LIN TV has guaranteed the payment of principal and interest on the GECC Note. In January 2011, Comcast acquired control of the business of NBCUniversal, Inc. through acquisition of a 51% interest in NBCUniversal, LLC, while GE owns the remaining 49%. GECC remains a majority-owned subsidiary of GE, and LIN TV remains the guarantor of the GECC Note. In light of the adverse effect of the eco