Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Lease Payments for Operating Leases

The following table includes future minimum lease payments under capital leases together with the present value of the net minimum lease payments as of December 31, 2016:

(Dollars in thousands)
Year Ending December 31,
2017	$	482
2018	482
2019	482
2020	482
2021	3,940
Thereafter	—
Total	5,868
Less: Interest	(525		)
Present Value of Net Future Minimum Lease Payments	$	5,343

Schedule of Future Minimum Lease Payments for Capital Leases

The following table includes future minimum lease payments required under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of December 31, 2016:

(Dollars in thousands)
Year Ending December 31,
2017	$	3,352
2018	2,437
2019	1,240
2020	924
2021	720
Thereafter	1,034
Total	$	9,707

Operating and capital leases

The following table includes lease expense for the three years ended December 31, 2016:

	For the Year Ended December 31,
(Dollars in thousands)	2016		2015		2014
Operating leases	$	3,567	$	3,531	$	2,716
Capital lease	$	564	$	667	$	747

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

The following table presents information about our recent asbestos claims activity:

	For the Year Ended December 31,
	2016		2015
Claims outstanding at beginning of year	489		440
New claims filed	288		231
Pending claims concluded*	(172	)	(182	)
Claims outstanding at end of year	605		489

* For the year ended December 31, 2016, 155 claims were dismissed and 17 claims were settled. For the year ended December 31, 2015, 176 claims were dismissed and 6 claims were settled.Settlements totaled approximately $4.4 million for the year ended December 31, 2016, compared to $1.6 million for the year ended December 31, 2015.

Schedule of Loss Contingencies by Contingency

For the years ended December 31, 2016 and 2015, respectively, our forecasted asbestos-related claims and insurance receivables for the 10-year projection period were as follows:

(Dollars in millions)	2016		2015
Asbestos-related claims	$	52.0	$	56.6
Asbestos-related insurance receivables	$	48.4	$	53.4