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 periods ended September 30, 2017 and 2016:
| | | Three Months Ended September 30, 2017 | | | | | Short-Term | | Long-Term | | | | | | | Accrued Expenses | | Other Liabilities | | Total | | | | | (Dollars in thousands) | | | Beginning Balance as of July 1, 2017 | | $ | 31 | | $ | | | $ | 31 | | | Acquisitions | | | 19 | | | | | | 19 | | | Accretion of acquisition-related contingent earn-out consideration | | | | | | | | | | | | Change in the estimated fair value of contingent earn-out consideration | | | (12) | | | | | | (12) | | | Reclassification of payments due in next 12 months to short-term | | | | | | | | | | | | Payments | | | | | | | | | | | | Ending Balance as of September 30, 2017 | | $ | 38 | | $ | | | $ | 38 | |
| | | Three Months Ended 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 | |
| | | Nine Months Ended September 30, 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 | | | (54) | | | | | | (54) | | | Reclassification of payments due in next 12 months to short-term | | | | | | | | | | | | Payments | | | (14) | | | | | | (14) | | | Ending Balance as of September 30, 2017 | | $ | 38 | | $ | | | $ | 38 | |
| | | Nine Months Ended 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 | |
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