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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Future Minimum Annual Lease and Service Payments
As of March 31, 2018, future minimum annual lease and service payments for the Company were as follows:
 
Equipment Leases (a)
 
Service Payments
 
Facility Leases (b)
 
(dollars in thousands)
2018
$
2,643

 
$
16,941

 
$
19,524

2019
1,684

 
14,675

 
21,486

2020
754

 
3,392

 
17,658

2021
724

 
1,687

 
17,617

2022
491

 
1,350

 
11,949

Thereafter

 
1,470

 
7,354

 
$
6,296

 
$
39,515

 
$
95,588

(a)
Equipment Leases include the Company's commitments relating to operating and capital leases. See Note 17 for further information on the capital lease minimum payments which are included in the table.
(b)
The Company has entered into various agreements to sublease certain of its premises. The Company recorded sublease income related to these leases of $0.3 million and $0.4 million for the three months ended March 31, 2018 and 2017, respectively.
Other Commitments
The following table summarizes unfunded commitments as of March 31, 2018:
Entity
 
Unfunded Commitments
 
Commitment term
 
 
(dollars in millions)
 
 
Real estate (a)
 
$
20.5

 
(a)
HealthCare Royalty Partners funds (b)
 
5.2

 
2 years
Eclipse Ventures Fund I, L.P. (formerly Formation8 Partners Hardware Fund I, L.P.)
 
0.4

 
6 years
Lagunita Biosciences, LLC
 
1.8

 
3 years
Eclipse Fund II, L.P.
 
0.8

 
7 years
Eclipse Continuity Fund I, L.P.
 
0.6

 
8 years
Cowen Healthcare Investments II
 
15.3

 
3 years
(a) The Company had unfunded commitments pertaining to capital commitments in six real estate investments held by the Company, all of which pertain to related party investments. Such commitments can be called at any time up to four years, subject to advance notice.
(b) The Company is a limited partner of the HealthCare Royalty Partners funds (which are managed by Healthcare Royalty Management) and is a member of HealthCare Royalty Partners General Partners. The Company will make its pro-rata investment in the HealthCare Royalty Partners funds along with the other limited partners.