COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Operating Lease — The Company has various operating leases for office space and certain property and equipment. For the years ended December 31, 2017, 2016 and 2015, the Company recorded operating lease expense of $1.4 million, $1.4 million and $1.4 million, respectively. Required remaining lease payments for each fiscal year are as follows:



($ in thousands)
2018	$	594
2019	366
2020	344
2021	344
2022 and thereafter	431
Total	$	2,079

Contingent Liabilities — The Company may be subject to various legal actions, claims, and liabilities arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a materially adverse effect on the Company’s financial position, results of operations, or liquidity.