v3.8.0.1
Tax Receivable Agreement (Tables)
3 Months Ended
Mar. 31, 2018
Income Tax Disclosure [Abstract]  
Summary of Tax Receivable Agreement
The following table summarizes activity related to the Tax Receivable Agreement for the three months ended March 31, 2018:

(In thousands)
 
 
Balance December 31, 2017
 
$
124,360

Exchange of Class B units for Class A shares
 
400

Reduction of future payments due to the Buyout
 
(46,371
)
Balance March 31, 2018
 
$
78,389

Future Expected Payments Under Tax Receivable Arrangement
As of March 31, 2018 the future expected payments under the Tax Receivable Agreement are as follows:

(In thousands)
 
Remainder of 2018
$
8,100

2019
4,400

2020
4,300

2021
4,300

2022
4,300

Thereafter
52,989