Annual report pursuant to Section 13 and 15(d)

Other Liabilities

v3.19.1
Other Liabilities
 12 Months Ended
Dec. 31, 2018
Other Liabilities Disclosure [Abstract]  
Other Liabilities
Other Liabilities
Other liabilities included the following (in thousands):
 
 
December 31,
 
 
2018
 
2017
Capital lease obligations
 
$
3,190

 
$
2,015

Equipment financing arrangement
 
1,313

 
1,605

Other
 
—

 
500

Total
 
4,503

 
4,120

Less: Current portion of capital lease and equipment financing obligations included in accrued expenses and other current liabilities
 
1,760

 
831

Total Other Liabilities
 
$
2,743

 
$
3,289



The Company leases vehicles and other equipment under capital leases with varying terms and expiration dates through 2020. The weighted average implied interest rate under our capital leases as of December 31, 2018 and 2017 was 9.2% and 19.1%, respectively. Additionally, the Company is party to a five-year equipment financing arrangement maturing in 2022 that bears interest at 4.6% as of December 31, 2018. Principal and interest on capital leases and the equipment financing arrangement are paid monthly. Aggregate future payments under the Company's non-cancelable capital leases and equipment financing arrangement as of December 31, 2018 are as follows (in thousands):

2019
$
1,901

2020
1,075

2021
775

2022
747

2023
387

Thereafter
32

Total future minimum payments
4,917

Less: interest payments
414

Present value of future minimum payments
$
4,503