DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2018

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,
	2018			2017			2018			2017
Revenue	$	—		$	—		$	—		$	(750	)
Loss before income taxes	$	(3,334	)	$	(1,555	)	$	(11,733	)	$	(4,049	)
Income tax benefit	700			544			2,464			1,417
Net loss	$	(2,634	)	$	(1,011	)	$	(9,269	)	$	(2,632	)

Schedule of the number of loans sold and the original issue balance

The following table represents the aggregate loans sold, subsequent settlements and 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 balance as of September 30, 2018	62		$	10.1

Lending Tree Loans

DISCONTINUED OPERATIONS

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,
	2018		2017		2018		2017
Loan loss reserve, beginning of period	$	7,554	$	7,554	$	7,554	$	6,804
Provisions	—		—		—		750
Charge-offs to reserves	—		—		—		—
Loan loss reserve, end of period	$	7,554	$	7,554	$	7,554	$	7,554