OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (NON-CURRENT) (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other Non-Current Assets

The following table presents the detail of other non-current assets (in thousands):

	December 31, 2019		December 31, 2018
Investment in non-marketable equity securities	$	110,000	$	—
Investment in marketable equity securities	—		45,342
Non-current lease prepayments	45,738		—
Restricted cash	12,715		15,836
Other	27,935		13,051
Total	$	196,388	$	74,229

Other Non-Current Liabilities

The following table presents the detail of other non-current liabilities (in thousands):

	December 31, 2019		December 31, 2018
Statutory liabilities (i)	$	54,762	$	54,748
Deferred rent, non-current (ii)	—		23,003
Deferred revenue, non-current	6,227		4,977
Other	33,472		10,558
Total	$	94,461	$	93,286

⁽ⁱ⁾ Statutory liabilities represent loss contingencies that may arise from the Company's interpretation and application of certain guidelines and rules issued by various federal, state, local, and foreign regulatory authorities.

⁽ⁱⁱ⁾ The adoption of ASC 842 on January 1, 2019 resulted in the reclassification of deferred rent as an offset to right-of-use lease assets.

Accrued Expenses and Other Current Liabilities

The following table presents the detail of accrued expenses (in thousands):

	December 31, 2019		December 31, 2018
Accrued expenses	$	128,387	$	82,354
Accrued transaction losses (i)	34,771		33,682
Accounts payable	42,116		36,416
Deferred revenue, current	38,104		31,474
Square Payroll payable (ii)	27,969		7,534
Other	26,494		23,729
Total	$	297,841	$	215,189

⁽ⁱ⁾ The Company is exposed to transaction losses that arise due to chargebacks as a result of fraud or uncollectibility. The following table summarizes the activities of the Company’s reserve for transaction losses (in thousands):

	Year Ended December 31,
	2019		2018
Accrued transaction losses, beginning of the year	$	33,682	$	26,893
Provision for transaction losses	79,414		64,981
Charge-offs to accrued transaction losses	(78,325)		(58,192)
Accrued transaction losses, end of the year	$	34,771	$	33,682

⁽ⁱⁱ⁾ Square Payroll payable represents amounts received from Square Payroll product customers that will be utilized to settle the customers' employee payroll and related obligations.