Amendment No. 3 to Form S-I Table of Contents Fogo de Chao, Inc. Notes to Consolidated Financial Statements (Continued) (in thousands, except share and per share amounts) Certain lease arrangements have contingent rental payments based on net sales thresholds per the lease agreement. Accrued liability for contingent rent was $148 and $123 as of December 28, 2014 and December 29, 2013, respectively. These balances arc included in accounts payable and accrued expenses in the consolidated balance sheets. Future minimum lease payments for non-cancelable leases (excluding contingent rental payments) are as follows: 2015 $ 15,530 2016 15,901 2017 14,669 2018 12.359 2019 11,035 Thereafter 72.580 Total $142,074 Rent expense. attributable to non-cancelable operating leases for the Company's corporate office and restaurant locations, for the fiscal years ended December 28.2014 and December 29, 2013. the period from May 24.2012 to December 30, 2012 (successor period). and for the period from January 2. 2012 to July 20. 2012 (predecessor period) was $16,875, $15333. $5,696 and $7,165. respectively. In connection with the 2012 Acquisition discussed in Note 1, the Company recognized at fair value both favorable lease assets and unfavorable lease liabilities, representing the difference between the market rates in effect for acquired leases compared to the various lease payments on individual operating leases. Favorable lease assets and liabilities are amortized to rent expense on a straight-line basis over each respective operating lease term. The amortization of favorable lease assets increases rent expense, while the amortization of unfavorable lease liabilities decrea.ses rent expense. The net decrease in rent expense, resulting from the amortization of these favorable lease amts and unfavorable lease liabilities. was $153, $179 and $73 for the fiscal years ended December 28.2014 and December 29, 2013 and the period from May 24, 2012 to December