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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Minimum Payments Over the Terms of Applicable Contracts

As of December 31, 2016, minimum payments over the terms of applicable contracts were payable as follows (in thousands):

 

    2017   2018   2019   2020   2021   Thereafter   Total
Operating lease obligations   $ 5,843     $ 4,523     $ 3,957     $ 3,260     $ 63,042     $ 4,569     $ 85,194  
Capital lease obligations     1,255       321       308       71       —         —         1,955  
Other commitments (1)(2)     13,044       1,614       1,028       219       —         —         15,905  
Total minimum payments   $ 20,142     $ 6,458     $ 5,293     $ 3,550     $ 63,042     $ 4,569     $ 103,054  

 

 

(1) Other commitments consist of minimum commitments under non-cancelable contracts for services relating to telecommunications, IT maintenance, financial services and employment contracts with certain employees (which consist of severance arrangements that, if exercised, would become payable in less than one year).

(2) We had $12.9 million of standby letters of credits (LOCs) under which there were no minimum payment requirements at December 31, 2016. LOCs are commitments issued to third party beneficiaries, underwritten by a third party bank, representing funding responsibility in the event of third party demands or contingent events. The outstanding balance of our standby LOCs reduces the amount available to us from our revolving credit facility. There were no claims made against any standby LOCs during the year ended December 31, 2016.