Related Party Transactions

The following table presents the Company’s transactions with related parties for each of the periods presented below:



	Years ended December 31,
(Dollar amounts in thousands)	2017		2016		2015
Total revenues ⁽¹⁾⁽²⁾	$	177,213	$	176,473	$	169,433
Cost of revenues	$	2,929	$	2,180	$	1,701
Rent and other fees	$	7,803	$	8,110	$	7,880
Interest earned from and charged by affiliate
Interest income	$	154	$	211	$	206


(1)	Total revenues from Popular as a percentage of revenues were 43%, 45% and 45% for each of the periods presented above.


(2)	Includes revenues generated from investee accounted for under the equity method of $1.8 million, $2.1 million and $2.1 million for the years ended December 31, 2017, 2016 and 2015, respectively.

At December 31, 2017 and 2016, the Company had the following balances arising from transactions with related parties:



	December 31,
(Dollar amounts in thousands)	2017		2016

Cash and restricted cash deposits in affiliated bank	$	23,227	$	15,918
Other due/to from affiliate
Accounts receivable	$	18,073	$	21,461
Prepaid expenses and other assets	$	1,216	$	699
Other long-term assets	$	288	$	554
Accounts payable	$	5,827	$	6,300
Unearned income	$	19,768	$	14,383

The balance of cash and restricted cash deposits in an affiliated bank was included within the cash and restricted cash line items in the accompanying consolidated balance sheets. Due from affiliates mainly included the amounts outstanding related to processing and information technology services billed to Popular subsidiaries according to the terms of the Master Services Agreement (“MSA”) under which EVERTEC Group has a contract to provide such services for at least 15 years on an exclusive basis for the duration of the agreement on commercial terms consistent with historical pricing practices among the parties. This amount was included in the accounts receivable, net in the consolidated balance sheets.