off-balance sheet transactions contractual obligations as of december 31 , 2017 , 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 ) : the table above does not include $ 0.5 million of unrecognized tax benefits ( we refer you to the notes to the consolidated financial statements note 201410 201cincome tax 201d ) .certain service providers may require collateral in the normal course of our business .the amount of collateral may change based on certain terms and conditions .as a routine part of our business , depending on market conditions , exchange rates , pricing and our strategy for growth , we regularly consider opportunities to enter into contracts for the building of additional ships .we may also consider the sale of ships , potential acquisitions and strategic alliances .if any of these transactions were to occur , they may be financed through the incurrence of additional permitted indebtedness , through cash flows from operations , or through the issuance of debt , equity or equity-related securities .funding sources certain of our debt agreements contain covenants that , among other things , require us to maintain a minimum level of liquidity , as well as limit our net funded debt-to-capital ratio , maintain certain other ratios and restrict our ability to pay dividends .substantially all of our ships and other property and equipment are pledged as collateral for certain of our debt .we believe we were in compliance with these covenants as of december 31 , 2017 .the impact of changes in world economies and especially the global credit markets can create a challenging environment and may reduce future consumer demand for cruises and adversely affect our counterparty credit risks .in the event this environment deteriorates , our business , financial condition and results of operations could be adversely impacted .we believe our cash on hand , expected future operating cash inflows , additional available borrowings under our new revolving loan facility and our ability to issue debt securities or additional equity securities , will be sufficient to fund operations , debt payment requirements , capital expenditures and maintain compliance with covenants under our debt agreements over the next twelve-month period .there is no assurance that cash flows from operations and additional financings will be available in the future to fund our future obligations .less than 1 year 1-3 years 3-5 years more than 5 years long-term debt ( 1 ) $ 6424582 $ 619373 $ 1248463 $ 3002931 $ 1553815 operating leases ( 2 ) 131791 15204 28973 26504 61110 ship construction contracts ( 3 ) 6138219 1016892 1363215 1141212 2616900 port facilities ( 4 ) 138308 30509 43388 23316 41095 interest ( 5 ) 947967 218150 376566 203099 150152 other ( 6 ) 168678 54800 73653 23870 16355 .
[['', 'total', 'less than1 year', '1-3 years', '3-5 years', 'more than5 years'], ['long-term debt ( 1 )', '$ 6424582', '$ 619373', '$ 1248463', '$ 3002931', '$ 1553815'], ['operating leases ( 2 )', '131791', '15204', '28973', '26504', '61110'], ['ship construction contracts ( 3 )', '6138219', '1016892', '1363215', '1141212', '2616900'], ['port facilities ( 4 )', '138308', '30509', '43388', '23316', '41095'], ['interest ( 5 )', '947967', '218150', '376566', '203099', '150152'], ['other ( 6 )', '168678', '54800', '73653', '23870', '16355'], ['total', '$ 13949545', '$ 1954928', '$ 3134258', '$ 4420932', '$ 4439427']]
( 1 ) includes discount and premiums aggregating $ 0.5 million .also includes capital leases .the amount excludes deferred financing fees which are included in the consolidated balance sheets as an offset to long-term debt .( 2 ) primarily for offices , motor vehicles and office equipment .( 3 ) for our newbuild ships based on the euro/u.s .dollar exchange rate as of december 31 , 2017 .export credit financing is in place from syndicates of banks .( 4 ) primarily for our usage of certain port facilities .( 5 ) includes fixed and variable rates with libor held constant as of december 31 , 2017 .( 6 ) future commitments for service , maintenance and other business enhancement capital expenditure contracts. .

Question: what portion of the expected payments within the next 12 months is allocated to the repayment of long-term debt?
Answer: 31.7%