XML 47 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Subsequent Events
12 Months Ended
Dec. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS

We evaluated subsequent events in accordance with ASC Topic 855 and determined that the following qualifies as a recognized subsequent event:

During the first quarter of 2018, we entered into a settlement agreement with Universitas Education, LLC (Universitas) to resolve claims related to services provided by Christiana Bank and Trust Company prior to their acquisition by WSFS. Accordingly, we recorded $12.0 million of expense related to the settlement, a corresponding liability, and related tax effects in our Consolidated Financial Statements as of December 31. 2017. See Note 23 for additional information.