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DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2018
DISCONTINUED OPERATIONS  
Schedule of the aggregate loans sold, subsequent settlements and remaining unsettled loans
The following table represents the aggregate loans sold, subsequent settlements and remaining unsettled loans as of December 31, 2018:
 
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
62

 
$
10.1
Lending Tree Loans  
DISCONTINUED OPERATIONS  
Schedule of revenue and net income 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):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Revenue
$
—

 
$
(750
)
 
$
1,325

 
 
 
 
 
 
Loss before income taxes
$
(16,228
)
 
$
(5,909
)
 
$
(5,728
)
Income tax benefit
3,408

 
2,069

 
2,014

Net loss
$
(12,820
)
 
$
(3,840
)
 
$
(3,714
)
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):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Loan loss reserve, beginning of period
$
7,554

 
$
6,804

 
$
8,127

Provision adjustments (a)
—

 
750

 
(1,323
)
Charge-offs to reserves
—

 
—

 
—

Loan loss reserve, end of period
$
7,554

 
$
7,554

 
$
6,804

(a)
During 2016, the Company adjusted the loan loss reserve by $1.8 million to remove the estimated liability for loans sold to RFC. The Company is in litigation with RFC and separately reserved for the estimated loss for this litigation. See Note 15—Contingencies for additional information about the RFC litigation.