future capital commitments future capital commitments consist of contracted commitments , including ship construction contracts , and future expected capital expenditures necessary for operations as well as our ship refurbishment projects .as of december 31 , 2018 , anticipated capital expenditures were $ 1.6 billion , $ 1.2 billion and $ 0.7 billion for the years ending december 31 , 2019 , 2020 and 2021 , respectively .we have export credit financing in place for the anticipated expenditures related to ship construction contracts of $ 0.6 billion , $ 0.5 billion and $ 0.2 billion for the years ending december 31 , 2019 , 2020 and 2021 , respectively .these future expected capital expenditures will significantly increase our depreciation and amortization expense as we take delivery of the ships .project leonardo will introduce an additional six ships , each approximately 140000 gross tons with approximately 3300 berths , with expected delivery dates from 2022 through 2027 , subject to certain conditions .we have a breakaway plus class ship , norwegian encore , with approximately 168000 gross tons with 4000 berths , on order for delivery in the fall of 2019 .for the regent brand , we have orders for two explorer class ships , seven seas splendor and an additional ship , to be delivered in 2020 and 2023 , respectively .each of the explorer class ships will be approximately 55000 gross tons and 750 berths .for the oceania cruises brand , we have orders for two allura class ships to be delivered in 2022 and 2025 .each of the allura class ships will be approximately 67000 gross tons and 1200 berths .the combined contract prices of the 11 ships on order for delivery was approximately 20ac7.9 billion , or $ 9.1 billion based on the euro/u.s .dollar exchange rate as of december 31 , 2018 .we have obtained export credit financing which is expected to fund approximately 80% ( 80 % ) of the contract price of each ship , subject to certain conditions .we do not anticipate any contractual breaches or cancellations to occur .however , if any such events were to occur , it could result in , among other things , the forfeiture of prior deposits or payments made by us and potential claims and impairment losses which may materially impact our business , financial condition and results of operations .capitalized interest for the years ended december 31 , 2018 , 2017 and 2016 was $ 30.4 million , $ 29.0 million and $ 33.7 million , respectively , primarily associated with the construction of our newbuild ships .off-balance sheet transactions contractual obligations as of december 31 , 2018 , our contractual obligations with initial or remaining terms in excess of one year , including interest payments on long-term debt obligations , were as follows ( in thousands ) : less than 1 year 1-3 years 3-5 years more than 5 years .
[['', 'total', 'less than1 year', '1-3 years', '3-5 years', 'more than5 years'], ['long-term debt ( 1 )', '$ 6609866', '$ 681218', '$ 3232177', '$ 929088', '$ 1767383'], ['operating leases ( 2 )', '128550', '16651', '31420', '27853', '52626'], ['ship construction contracts ( 3 )', '5141441', '912858', '662687', '1976223', '1589673'], ['port facilities ( 4 )', '1738036', '62388', '151682', '157330', '1366636'], ['interest ( 5 )', '974444', '222427', '404380', '165172', '182465'], ['other ( 6 )', '1381518', '248107', '433161', '354454', '345796'], ['total ( 7 )', '$ 15973855', '$ 2143649', '$ 4915507', '$ 3610120', '$ 5304579']]
( 1 ) long-term debt includes discount and premiums aggregating $ 0.4 million and capital leases .long-term debt excludes deferred financing fees which are a direct deduction from the carrying value of the related debt liability in the consolidated balance sheets .( 2 ) operating leases are primarily for offices , motor vehicles and office equipment .( 3 ) ship construction contracts are for our newbuild ships based on the euro/u.s .dollar exchange rate as of december 31 , 2018 .export credit financing is in place from syndicates of banks .the amount does not include the two project leonardo ships , one explorer class ship and two allura class ships which were still subject to financing and certain italian government approvals as of december 31 , 2018 .we refer you to note 17 2014 201csubsequent events 201d in the notes to consolidated financial statements for details regarding the financing for certain ships .( 4 ) port facilities are for our usage of certain port facilities .( 5 ) interest includes fixed and variable rates with libor held constant as of december 31 , 2018 .( 6 ) other includes future commitments for service , maintenance and other business enhancement capital expenditure contracts .( 7 ) total excludes $ 0.5 million of unrecognized tax benefits as of december 31 , 2018 , because an estimate of the timing of future tax settlements cannot be reasonably determined. .

Question: what is the percentage change in capitalized interest from 2017 to 2018?
Answer: 4.8%