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SETTLEMENT PROCESSING ASSETS AND OBLIGATIONS (Tables)
 12 Months Ended
Dec. 31, 2017
Offsetting [Abstract]  
Schedule of Offsetting Assets
As of December 31, 2017 and 2016 settlement processing assets and obligations consisted of the following:
 
2017
 
2016
 
 
 
 
 
(in thousands)
Settlement processing assets:
 
 
 
Interchange reimbursement
$
304,964

 
$
150,612

Receivable from Members
104,339

 
71,590

Receivable from networks
2,055,390

 
1,325,029

Exception items
7,867

 
6,450

Merchant Reserves
(13,268
)
 
(6,827
)
 
$
2,459,292

 
$
1,546,854

 
 
 
 
Settlement processing liabilities:
 
 
 
Interchange reimbursement
$
72,053

 
$
199,202

Liability to Members
(20,369
)
 
(177,979
)
Liability to merchants
(1,961,107
)
 
(1,358,271
)
Exception items
6,863

 
21,194

Merchant Reserves
(133,907
)
 
(158,419
)
Reserve for operating losses and sales allowances
(4,042
)
 
(2,939
)
 
$
(2,040,509
)
 
$
(1,477,212
)
Schedule of Offsetting Liabilities
As of December 31, 2017 and 2016 settlement processing assets and obligations consisted of the following:
 
2017
 
2016
 
 
 
 
 
(in thousands)
Settlement processing assets:
 
 
 
Interchange reimbursement
$
304,964

 
$
150,612

Receivable from Members
104,339

 
71,590

Receivable from networks
2,055,390

 
1,325,029

Exception items
7,867

 
6,450

Merchant Reserves
(13,268
)
 
(6,827
)
 
$
2,459,292

 
$
1,546,854

 
 
 
 
Settlement processing liabilities:
 
 
 
Interchange reimbursement
$
72,053

 
$
199,202

Liability to Members
(20,369
)
 
(177,979
)
Liability to merchants
(1,961,107
)
 
(1,358,271
)
Exception items
6,863

 
21,194

Merchant Reserves
(133,907
)
 
(158,419
)
Reserve for operating losses and sales allowances
(4,042
)
 
(2,939
)
 
$
(2,040,509
)
 
$
(1,477,212
)