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Financing and Other Debt (Tables) | 9 Months Ended
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Sep. 30, 2018
Debt Disclosure [Abstract] |
Schedule of Outstanding Debt | The following table summarizes the Company’s total outstanding debt:
(In thousands) | September 30, 2018 |  | December 31, 2017
Revolving line-of-credit facility under 2016 Credit Agreement (a) | $ | — |  |  | $ | 136,535 |
Term loans under 2016 Credit Agreement (a) | 1,753,904 |  |  | 1,602,875 |
Notes outstanding (a) | 400,000 |  |  | 400,000 |
Securitized debt | 111,556 |  |  | 126,901 |
Participation debt | 140,965 |  |  | 184,990 |
WEX Latin America debt | 7,808 |  |  | 9,747 |
Total gross debt | $ | 2,414,233 |  |  | $ | 2,461,048 |
Current portion of gross debt | $ | 245,608 |  |  | $ | 404,233 |
Less: Unamortized debt issuance costs | (6,744 | ) |  | (7,015 | )
Short-term debt, net | $ | 238,864 |  |  | $ | 397,218 |
Long-term gross debt | $ | 2,168,625 |  |  | $ | 2,056,815 |
Less: Unamortized debt issuance costs | (27,750 | ) |  | (29,063 | )
Long-term debt, net | $ | 2,140,875 |  |  | $ | 2,027,752 |
Supplemental information under 2016 Credit Agreement: |  |  |
Letters of credit (b) | $ | 53,718 |  |  | $ | 27,500 |
Borrowing capacity (c) | $ | 666,282 |  |  | $ | 405,965 |
(a) See Note 11, Fair Value, for more information regarding the Company’s 2016 Credit Agreement and notes outstanding. (b) Collateral for lease agreements, virtual card and fuel payment processing activity at the Company’s foreign subsidiaries (c) Contingent on maintaining compliance with the financial covenants as defined in the Company’s 2016 Credit Agreement

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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