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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Line of Credit Facilities
At December 31, 2017, the Company had the following letter of credit facilities, which automatically renew each year unless terminated by either party in accordance with the applicable required notice period:
 
 
Facility
 
Termination Date
 
Notice period required for termination
 
 
($ in thousands)
 
 
 
 
Butterfield Bank (Cayman) Limited
 
100,000

 
June 30, 2018
 
90 days prior to termination date
Citibank Europe plc
 
400,000

 
October 11, 2018
 
120 days prior to termination date
JP Morgan Chase Bank N.A.
 
100,000

 
January 27, 2018
 
120 days prior to termination date
 
 
$
600,000

 
 
 
 

Contractual Obligation, Fiscal Year Maturity Schedule
The following is a schedule of future minimum payments required under the above commitments: 
 
2018
 
2019
 
2020
 
2021
 
2022
 
Thereafter
 
Total
 
($ in thousands)
Operating lease obligations
$
388

 
$
155

 
$
155

 
$
58

 
$

 
$

 
$
756

Private equity and limited partnerships (1)
6,522

 

 

 

 

 

 
6,522

 
$
6,910

 
$
155

 
$
155

 
$
58

 
$

 
$

 
$
7,278


(1) Given the nature of these investments, the Company is unable to determine with any degree of accuracy when these commitments will be called. Therefore, for purposes of the above table, the Company has assumed that all commitments with no fixed payment schedules will be called during the year ending December 31, 2018.