Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses and Other Current Liabilities

v3.19.2
Accrued Expenses and Other Current Liabilities
6 Months Ended
Jun. 30, 2019
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities
Accrued Expenses and Other Current Liabilities
Accrued expense and other current liabilities included the following (in thousands):
 
 
June 30,
 
December 31,
 
 
2019
 
2018
Accrued compensation, benefits and related taxes
 
$
9,957

 
$
20,898

State and local taxes payable
 
17,057

 
18,687

Insurance reserves
 
4,413

 
4,678

Deferred revenue
 
1,296

 
4,304

Financed insurance premiums
 
4,565

 
6,761

Other
 
5,370

 
4,324

Total
 
$
42,658

 
$
59,652



Financed insurance premiums are due in monthly installments, are unsecured and mature within the twelve month period following the close of the year. As of June 30, 2019 and December 31, 2018, the applicable interest rate associated with financed insurance premiums was 3.45%.