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CASH AND RESTRICTED CASH (Tables)
6 Months Ended
Jun. 30, 2018
Cash and Cash Equivalents [Abstract]  
Schedule of Restricted Cash and Cash Equivalents
Total cash, cash equivalents, restricted cash and restricted cash equivalents consist of the following (in thousands):
 
June 30,
2018
 
December 31,
2017
Cash and cash equivalents
$
293,301

 
$
368,550

Restricted cash and cash equivalents
49

 
4,091

Total cash, cash equivalents, restricted cash and restricted cash equivalents
$
293,350

 
$
372,641


Restricted cash and cash equivalents consists of the following (in thousands):
 
June 30,
2018
 
December 31,
2017
Cash in escrow from sale of LendingTree Loans (a)
$

 
$
4,034

Other
49

 
57

Total restricted cash and cash equivalents
$
49

 
$
4,091

(a)
Home Loan Center, Inc. ("HLC"), a subsidiary of the Company, continues to be liable for certain indemnification obligations, repurchase obligations and premium repayment obligations following the sale of substantially all of the operating assets of its LendingTree Loans business in the second quarter of 2012. Of the purchase price received, a portion was deposited in escrow in accordance with the agreement with Discover for certain loan loss obligations that remain with the Company following the sale. During the second quarter of 2018, the remaining funds in escrow were released to the Company in accordance with the terms of the agreement with Discover.