Organization, Summary of Significant Accounting Policies and New Accounting Standards (Tables) |
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Jun. 30, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of cash and cash equivalents | The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Balance Sheets to the total included within the Unaudited Condensed Consolidated Statements of Cash Flows as of the dates indicated.
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Schedule of restricted cash | The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Balance Sheets to the total included within the Unaudited Condensed Consolidated Statements of Cash Flows as of the dates indicated.
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Revenue disaggregated by type of service | Revenue disaggregated by type of service was as follows for the periods presented:
(1)The decrease in interchange fees during the three and six months ended June 30, 2021 compared to the same periods in 2020 is due to an increase in direct processing of payments to merchants. (2)For the three and six months ended June 30, 2021, includes increases in fair value of our servicing asset of $3.7 million and $10.8 million, respectively. For the three and six months ended June 30, 2020, includes changes in fair value of our servicing asset of $(1.0) million and $741 thousand, respectively. Refer to Note 3 for additional information. (3)Includes interest income received on loan receivables held for sale. (4)Other revenue includes miscellaneous revenue items that are individually immaterial. Other revenue is presented separately herein in order to clearly present merchant, interchange fees, servicing fees, and interest income which are more integral to our primary operations and better enable financial statement users to calculate metrics such as servicing and merchant fee yields.
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