The following table reflects the changes in the present value of our acquisition-related estimated contingent earn-out consideration for the years ended December 31, 2017 and 2016.
| | | Year Ended December 31, 2017 | | | | | Short-Term | | Long-Term | | | | | | | | Accrued Expenses | | Other Liabilities | | Total | | | | | (Dollars in thousands) | | | Beginning Balance as of January 1, 2017 | | $ | 66 | | $ | | | $ | 66 | | | Acquisitions | | | 36 | | | | | | 36 | | | Accretion of acquisition-related contingent earn-out consideration | | | 4 | | | | | | 4 | | | Change in the estimated fair value of contingent earn-out consideration | | | (23) | | | | | | (23) | | | Reclassification of payments due in next 12 months to short-term | | | | | | | | | | | | Payments | | | (14) | | | | | | (14) | | | Ending Balance as of December 31, 2017 | | $ | 69 | | $ | | | $ | 69 | |
| | | Year Ended December 31, 2016 | | | | | Short-Term | | Long-Term | | | | | | | | Accrued Expenses | | Other Liabilities | | Total | | | | | (Dollars in thousands) | | | Beginning Balance as of January 1, 2016 | | $ | 173 | | $ | 602 | | $ | 775 | | | Acquisitions | | | 66 | | | | | | 66 | | | Accretion of acquisition-related contingent earn-out consideration | | | 17 | | | 8 | | | 25 | | | Change in the estimated fair value of contingent earn-out consideration | | | (635) | | | (54) | | | (689) | | | Reclassification of payments due in next 12 months to short-term | | | 556 | | | (556) | | | | | | Payments | | | (111) | | | | | | (111) | | | Ending Balance as of December 31, 2016 | | $ | 66 | | $ | | | $ | 66 | |
|