DEBT (FY) (Tables) - Intermex Holdings, Inc. and Subsidiaries [Member]

6 Months Ended

12 Months Ended

Jun. 30, 2018

Dec. 31, 2017

DEBT [Abstract]

Debt Instruments

Debt consisted of the following:

	Successor Company
	June 30, 2018			December 31, 2017
Revolving credit facility	$	20,000,000		$	20,000,000
Term loan		93,362,500			95,787,500
		113,362,500			115,787,500
Less: Current portion of long term debt (1)		(4,078,627	)		(3,913,436	)
Less: Debt origination costs		(3,883,677	)		(4,347,602	)
	$	105,400,196		$	107,526,462

⁽¹⁾ Current portion of long term debt is net of debt origination costs of $771,373 at June 30, 2018 and $936,564 at December 31, 2017.

Debt at December 31 consisted of the following:

	Successor Company 2017			Predecessor Company 2016
Revolving credit facility	$	20,000,000		$	10,000,000
Term loan		95,787,500			70,000,000
		115,787,500			80,000,000
Less: Current portion of long term debt(1)		(3,913,436	)		(849,809	)
Less: Debt issuance costs		(4,347,602	)		(1,967,380	)
	$	107,526,462		$	77,182,811

(1) Current portion of long term debt is net of debt issuance costs of $936,564 at December 31, 2017 of the Successor period and $462,691 at December 31, 2016 of the Predecessor period.

Annual Maturities of Term Loan

The scheduled annual maturities of the term loan at December 31, 2017 of the Successor period are as follows:

2018	$	4,850,000
2019		6,062,500
2020		9,700,000
2021		9,700,000
2022		65,475,000
	$	95,787,500