XML 27 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
SETTLEMENT PROCESSING ASSETS AND OBLIGATIONS
 3 Months Ended
Mar. 31, 2018
Offsetting [Abstract]  
SETTLEMENT PROCESSING ASSETS AND OBLIGATIONS
SETTLEMENT PROCESSING ASSETS AND OBLIGATIONS

As of March 31, 2018 and December 31, 2017, settlement processing assets and obligations consisted of the following:
 
March 31, 2018
 
December 31, 2017
 
 
 
 
 
(in thousands)
 
 
 
 
Settlement processing assets:
 
 
 
Interchange reimbursement
$
288,551

 
$
304,964

Receivable from members
27,563

 
104,339

Receivable from networks
2,340,677

 
2,055,390

Exception items
9,004

 
7,867

Merchant reserves
(15,682
)
 
(13,268
)
 
$
2,650,113

 
$
2,459,292

 
 
 
 
Settlement processing obligations:
 
 
 
Interchange reimbursement
$
91,873

 
$
72,053

Liability to members
(20,791
)
 
(20,369
)
Liability to merchants
(2,249,416
)
 
(1,961,107
)
Exception items
7,709

 
6,863

Merchant reserves
(139,587
)
 
(133,907
)
Reserve for operating losses and sales allowances
(4,232
)
 
(4,042
)
 
$
(2,314,444
)
 
$
(2,040,509
)