The following table reflects the changes in the present value of our acquisition-related estimated contingent earn-out consideration during the three and nine month period ending September 30, 2016 and 2015:
| | Three Months Ending September 30, 2016 | | | | Short-Term | | Long-Term | | | | | | | Accrued Expenses | | Other Liabilities | | Total | | | | (Dollars in thousands) | | Beginning Balance as of July 1, 2016 | | $ | 441 | | $ | | | $ | 441 | | Acquisitions | | | 66 | | | | | | 66 | | Accretion of acquisition-related contingent earn-out consideration | | | 5 | | | | | | 5 | | Change in the estimated fair value of contingent earn-out consideration | | | (196) | | | | | | (196) | | Reclassification of payments due in next 12 months to short-term | | | | | | | | | | | Payments | | | (11) | | | | | | (11) | | Ending Balance as of September 30, 2016 | | $ | 305 | | $ | | | $ | 305 | |
| | Three Months Ending September 30, 2015 | | | | Short-Term Accrued Expenses | | Long-Term Other Liabilities | | Total | | | | (Dollars in thousands) | | Beginning Balance as of July 1, 2015 | | $ | 1,190 | | $ | 1,086 | | $ | 2,276 | | Acquisitions | | | | | | | | | | | Accretion of acquisition-related contingent earn-out consideration | | | 17 | | | 12 | | | 29 | | Change in the estimated fair value of contingent earn-out consideration | | | (418) | | | (185) | | | (603) | | Reclassification of payments due in next 12 months to short-term | | | | | | | | | | | Payments | | | (16) | | | | | | (16) | | Ending Balance as of September 30, 2015 | | $ | 773 | | $ | 913 | | $ | 1,686 | |
| | Nine Months Ending September 30, 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 | | | 13 | | | 8 | | | 21 | | Change in the estimated fair value of contingent earn-out consideration | | | (404) | | | (54) | | | (458) | | Reclassification of payments due in next 12 months to short-term | | | 556 | | | (556) | | | | | Payments | | | (99) | | | | | | (99) | | Ending Balance as of September 30, 2016 | | $ | 305 | | $ | | | $ | 305 | |
| | Nine Months Ending September 30, 2015 | | | | Short-Term Accrued Expenses | | Long-Term Other Liabilities | | Total | | | | (Dollars in thousands) | | Beginning Balance as of January 1, 2015 | | $ | 1,575 | | $ | 1,710 | | $ | 3,285 | | Acquisitions | | | 176 | | | 124 | | | 300 | | Accretion of acquisition-related contingent earn-out consideration | | | 48 | | | 38 | | | 86 | | Change in the estimated fair value of contingent earn-out consideration | | | (631) | | | (161) | | | (792) | | Reclassification of payments due in next 12 months to short-term | | | 798 | | | (798) | | | | | Payments | | | (1,193) | | | | | | (1,193) | | Ending Balance as of September 30, 2015 | | $ | 773 | | $ | 913 | | $ | 1,686 | |
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