COMMITMENTS AND CONTINGENCIES Lease Commitments Operating Leases We lease our corporate administrative, marketing, and product development facilities in Bellevue, Washington under operating leases that expire December 31, 2019 and December 31, 2017 . We lease our Redbox facility in Oakbrook Terrace, Illinois under an operating lease that expires on July 31, 2021 . Under certain circumstances, we have the ability to extend the lease for a five -year period, rent additional office space under a right of first offer and refusal and have the option to terminate the lease in July 2016. Under the terms of the lease, we are responsible for certain tax, construction and operating costs associated with the rented space. We lease office space in San Diego, California for our ecoATM business under operating leases. These offices consist of an administrative facility and a temporary facility supporting administration, customer service and inventory processing. We also lease an unoccupied facility that will be renovated and will serve as a multi-purpose central location for the ecoATM business. The ecoATM offices currently occupy 93,597 square feet, and the two occupied buildings are under a lease that expires in 2015 and the multi-purpose facility is under lease through 2023 . Rent expense under our operating lease agreements was $12.3 million , $9.0 million and $8.9 million during 2013, 2012 and 2011, respectively. Capital Leases We lease automobiles and computer equipment under capital leases expiring at various dates through 2019. In most circumstances, we expect that, in the normal course of business, these leases will be renewed or replaced by other leases. Assets held under capital leases are included in property and equipment, net on the Consolidated Balance Sheets and include the following: Dollars in thousands December 31, 2013 2012 Gross property and equipment $ 48,992 $ 48,636 Accumulated depreciation (28,489 ) (18,974 ) Net property and equipment $ 20,503 $ 29,662 As of December 31, 2013, our future minimum lease