XML 30 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
OTHER LIABILITIES
3 Months Ended
Mar. 31, 2017
Other Liabilities [Abstract]  
OTHER LIABILITIES
OTHER LIABILITIES
Other current and non-current liabilities comprised the following at March 31, 2017 and December 31, 2016:
 
March 31, 2017

 
December 31, 2016

Current:
 
 
 
Deferred revenue
$
25,798

 
$
5,333

Legal provision
2,817

 
2,680

Other
530

 
1,076

Total other current liabilities
$
29,145

 
$
9,089

 
 
 
 
 
March 31, 2017

 
December 31, 2016

Non-current:
 

 
 

Deferred tax
$
20,278

 
$
20,335

Related party Commitment Fee payable (1)
9,905

 
9,905

Related party Guarantee Fee payable (Note 4)
34,492

 
34,492

Other
2,937

 
4,026

Total other non-current liabilities
$
67,612

 
$
68,758


(1) 
Represents the commitment fee (the "Commitment Fee") payable to Time Warner, including accrued interest, in respect of its obligation under a commitment letter dated November 14, 2014 between Time Warner and us whereby Time Warner agreed to provide or assist with arranging a loan facility to repay our 5.0% senior convertible notes at maturity in November 2015. The Commitment Fee is payable by November 1, 2019, the maturity date of the 2019 Euro Term Loan, or earlier if the repayment of the 2019 Euro Term Loan is accelerated. The Commitment Fee bears interest at 8.5% per annum and such interest is payable in arrears on each May 1 and November 1, and may be paid in cash or in kind, at our election.