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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jan. 31, 2017
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2017
Jun. 30, 2018
Revenues:          
Wire transfer and money order fees   $ 59,367,955 $ 45,259,255 $ 71,584,634 $ 107,222,338
Foreign exchange   10,585,269 8,202,907 13,277,182 18,316,053
Other income   426,167 315,182 516,012 797,033
Total revenues   70,379,391 53,777,344 85,377,828 126,335,424
Operating expenses:          
Service charges from agents and banks   46,323,264 35,995,569 56,761,860 84,259,931
Salaries and benefits   7,441,220 5,877,726 10,411,401 13,673,403
Other selling, general and administrative expenses   4,183,193 3,737,922 6,236,771 8,183,517
Transaction costs   2,553,301 2,000 6,212,602 4,014,311
Depreciation and amortization   3,818,126 4,526,650 7,503,944 7,607,374
Total operating expenses   64,319,104 50,139,867 87,126,578 117,738,536
Operating income (loss)   6,060,287 3,637,477 (1,748,750) 8,596,888
Interest expense   3,392,043 2,120,240 3,494,828 6,675,933
Income (loss) before income taxes   2,668,244 1,517,237 (5,243,578) 1,920,955
Income tax provision (benefit)   823,889 243,754 1,244,206 616,372
Net income (loss)   1,844,355 1,273,483 (6,487,784) 1,304,583
Other comprehensive (loss) income   (36,190) 12,177 15,131 (15,101)
Comprehensive income (loss)   $ 1,808,165 $ 1,285,660 $ (6,472,653) $ 1,289,482
Predecessor Company [Member]          
Revenues:          
Wire transfer and money order fees $ 11,876,919        
Foreign exchange 2,449,709        
Other income 98,715        
Total revenues 14,425,343        
Operating expenses:          
Service charges from agents and banks 9,440,774        
Salaries and benefits 4,530,308        
Other selling, general and administrative expenses 1,063,379        
Transaction costs 3,917,188        
Depreciation and amortization 381,746        
Total operating expenses 19,333,395        
Operating income (loss) (4,908,052)        
Interest expense 613,742        
Income (loss) before income taxes (5,521,794)        
Income tax provision (benefit) (2,203,373)        
Net income (loss) (3,318,421)        
Other comprehensive (loss) income (2,453)        
Comprehensive income (loss) $ (3,320,874)