Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2020

The following table presents the Company’s transactions with related parties for the three and nine months ended September 30, 2020 and 2019:



	Three months ended September 30,				Nine months ended September 30,
(Dollar amounts in thousands)	2020		2019		2020		2019
Total revenues ⁽¹⁾⁽²⁾	$	57,343	$	52,702	$	165,703	$	154,022
Cost of revenues	$	700	$	1,719	$	3,100	$	3,580
Operating lease cost and other fees	$	2,053	$	1,959	$	6,094	$	6,177
Interest earned from affiliate
Interest income	$	93	$	43	$	290	$	98


(1)	Popular revenues as a percentage of total revenues were 42%, 44%, 44% and 43%, respectively, for each of the periods presented above.


(2)	Includes revenues generated from investee accounted for under the equity method of $0.1 million, $0.3 million, $0.5 million, and $0.8 million, respectively, for each of the periods presented above.

As of September 30, 2020 and December 31, 2019, EVERTEC had the following balances arising from transactions with related parties:



(Dollar amounts in thousands)	September 30, 2020		December 31, 2019
Cash and restricted cash deposits in affiliated bank	$	80,149	$	64,724
Other due to/from affiliate
Accounts receivable	$	26,944	$	39,095
Prepaid expenses and other assets	$	4,466	$	4,211
Operating lease right-of use assets	$	17,993	$	20,617
Other long-term assets	$	11	$	57
Accounts payable	$	4,523	$	7,250
Unearned income	$	34,621	$	35,489
Operating lease liabilities	$	18,442	$	20,905