(15) Commitments and Contingent Liabilities Commitments We lease office equipment and office and warehouse space under various noncancellable operating lease agreements that expire through June 2028. Total minimum rent expense was $6.9 million , $6.7 million , and $6.5 million for the years ended December 31, 2012 , 2011 , and 2010 , respectively. We had no contingent rent expense during 2012 , 2011 , and 2010 . In September 2011, we signed an agreement to lease a new build-to-suit facility which will replace and consolidate substantially all of our existing Duluth, Georgia-based executive and home office operations. We expect the building to be complete and ready for occupancy in the first half of 2013. The initial lease term will be fifteen years with estimated minimum annual rental payments ranging from approximately $4.5 million at inception to approximately $5.6 million in year 15 . The leases covering our existing Duluth, Georgia-based executive and home office operations will terminate in the second quarter of 2013. As such, we do not expect a material increase in our annual operating lease expenditures. As of December 31, 2012 , the minimum aggregate rental commitments for operating leases were as follows: December 31, 2012 (In thousands) 2013 $ 6,775 2014 6,697 2015 6,192 2016 6,258 2017 6,325 Thereafter 56,297 Total minimum rental commitments for operating leases $ 88,544 Contingent Liabilities The Company is involved from time to time in legal disputes, regulatory inquiries and arbitration proceedings in the normal course of business. These disputes are subject to uncertainties, including indeterminate amounts sought in certain of these matters and the inherent unpredictability of litigation. As such, the Company is unable to estimate the possible loss or range of loss that may result from these matters. Effective March 31, 2012, Peach Re entered into a Credit Facility Agreement with Deutsche Bank (the "Credit Facility Agreement") to support certain obligations for a portion of the reserves (commonly r