Related Party Transactions

6 Months Ended

Jun. 30, 2018

The following table presents the Company’s transactions with related parties for the three and six months ended June 30, 2018 and 2017:



	Three months ended June 30,				Six months ended June 30,
(Dollar amounts in thousands)	2018		2017		2018		2017
Total revenues ⁽¹⁾⁽²⁾	$	47,203	$	44,942	$	92,738	$	89,955
Cost of revenues	$	968	$	349	$	1,352	$	835
Rent and other fees	$	2,005	$	1,812	$	3,968	$	3,848
Interest earned from affiliate
Interest income	$	32	$	39	$	64	$	78


(1)	Total revenues from Popular as a percentage of revenues were 41%, 43%, 41% and 43% for the periods presented above, respectively.


(2)	Includes revenues generated from investee accounted for under the equity method of $0.4 million, $0.6 million, $0.7 million and $1.1 million for the periods presented above, respectively.

At June 30, 2018 and December 31, 2017, EVERTEC had the following balances arising from transactions with related parties:



(Dollar amounts in thousands)	June 30, 2018		December 31, 2017
Cash and restricted cash deposits in affiliated bank	$	21,290	$	23,227
Other due/to from affiliate
Accounts receivable	$	21,197	$	18,073
Prepaid expenses and other assets	$	1,687	$	1,216
Other long-term assets	$	230	$	288
Accounts payable	$	5,599	$	5,827
Unearned income	$	22,193	$	19,768