Once you have a backup you can do some more diagnostic work.
That's a Seagate drive you have there. It's a good idea to use Seagate's own diagnostic software (it's called SeaTools), because different manufacturers sometimes use the SMART data in different ways. You can download it here: http://www.seagate.com/au/en/support/downloads/seatools/
Run the diagnostic tool and see what it says.
Just to clarify, that "Reallocated Sector Count" isn't necessarily too bad. Over the life of your drive it has discovered some bad sectors (18, in your case, as can be seen from the "data" column), but has successfully moved the data to reserve sectors. The good news is that the drive knows those sectors are "bad" and has marked them as such, making them completely invisible/inaccessible. They will not cause any further problems and there's no reason why a drive can't continue to run for years in this state.
If, however, that value continues to go up, particularly if it goes up quite rapidly, it's very likely that you have a much bigger problem. Make a note of the current value of 18, and monitor it as you go.