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Accounts Payable, Accrued Expenses and Other Current Liabilities
12 Months Ended
Dec. 31, 2018
Payables and Accruals [Abstract]  
Accounts Payable, Accrued Expenses and Other Current Liabilities
Note 15. Accounts Payable, Accrued Expenses and Other Current Liabilities
 
As of December 31, 2018 and 2017, the Company’s accounts payable, accrued expenses and other current liabilities were comprised of the following:
 
 
 
December 31,
 
 
 
2018
 
 
2017
 
Accounts payable
 
$
3,825
 
 
$
3,362
 
Accrued expenses
 
 
1,704
 
 
 
3,160
 
Accrued compensation
 
 
1,126
 
 
 
1,074
 
Tax-related liabilities
 
 
719
 
 
 
615
 
Gift certificates and loyalty reward program liabilities
 
 
674
 
 
 
474
 
Other
 
 
84
 
 
 
51
 
Total accounts payable, accrued expenses and other current liabilities
 
$
8,132
 
 
$
8,736
 
 
Accrued liability for insurance
 
XpresSpa carries several annual insurance policies including indemnity, fire, umbrella, and workers’ compensation. XpresSpa financed a total of $1,184, or 80%, of the total insurance premiums with a third-party provider, at a weighted average rate of 4.06% per year payable in ten monthly installments.
As of December 31, 2018, XpresSpa had an outstanding balance of its financing arrangement of approximately $897, which is included in accounts payable, accrued expenses and other current liabilities on the consolidated balance sheets, scheduled to be repaid in 2019.
 
Merchant financing
 
In February 2017, XpresSpa entered into a merchant financing arrangement with a top tier credit card company for $500. As of December 31, 2017, the outstanding balance of the advance was $112. This balance was repaid in full in February 2018. No further merchant financing has been obtained.