Related Party Transactions

3 Months Ended

Mar. 31, 2017

Related Party Transactions [Abstract]

Related party transactions

10. Related Party Transactions

The Company had an advisory agreement with HCI Equity Management L.P. (“HCI”) that required the Company to pay transaction fees and an annual advisory fee of $0.1 million. The Company paid an aggregate of $0.2 million to HCI for advisory fees and travel expenses during the three months ended March 31, 2016. On May 2, 2017, the Company and HCI entered into a Termination Agreement in which HCI waived the Company’s payment of any and all unpaid fees and expenses accrued under the advisory agreement through May 2, 2017. See Note 12 for additional information regarding the Termination Agreement.

One of the Company's operating companies contracts with certain purchased transportation providers that are owned by employees of that operating company. The Company paid an aggregate of $2.6 million and $1.7 million to these purchased transportation providers during the three months ended March 31, 2017 and 2016, respectively.

The Company has a number of facility leases with related parties and paid an aggregate of $0.8 million and $0.6 million under these leases during the three months ended March 31, 2017 and 2016, respectively.

The Company received dividend payments from Great Republic Indemnity, an insurance captive, of $2.5 million and $0.5 million during the three months ended March 31, 2017 and 2016, respectively.