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DISCONTINUED OPERATIONS (Tables)
 9 Months Ended
Sep. 30, 2016
DISCONTINUED OPERATIONS  
Schedule of revenue and net income (loss) of the discontinued operations
The revenue and net loss reported as discontinued operations in the accompanying consolidated statements of operations and comprehensive income are as follows (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Revenue
$
1,834

 
$
1

 
$
1,835

 
$
4

 
 
 
 
 
 
 
 
Loss before income taxes
$
(1,021
)
 
$
(1,343
)
 
$
(4,640
)
 
$
(3,369
)
Income tax benefit
357

 
48

 
1,623

 
131

Net loss
$
(664
)
 
$
(1,295
)
 
$
(3,017
)
 
$
(3,238
)
Lending Tree Loans  
DISCONTINUED OPERATIONS  
Schedule of the number of loans sold and the original issue balance
The following table represents the remaining unsettled loans.
 
Number of Loans
 
Original Issue Balance
 
(in thousands)
 
(in billions)
Loans sold by HLC
234

 
$
38.9

Subsequent settlements
(172
)
 
(28.8
)
Remaining unsettled loans as of September 30, 2016
62

 
$
10.1
Schedule of activity related to loss reserves on previously sold loans
The activity related to loss reserves on previously sold loans is as follows (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Loan loss reserve, beginning of period
$
8,127

 
$
8,750

 
$
8,127

 
$
8,750

Provisions (a)
(1,834
)
 
—

 
(1,834
)
 
—

Charge-offs to reserves
—

 
—

 
—

 
—

Loan loss reserve, end of period
$
6,293

 
$
8,750

 
$
6,293

 
$
8,750