SELECTED QUARTERLY FINANCIAL RESULTS (UNAUDITED) - (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2020 |
Sep. 30, 2020 |
Jun. 30, 2020 |
Mar. 31, 2020 |
Dec. 31, 2019 |
Sep. 30, 2019 |
Jun. 30, 2019 |
Mar. 31, 2019 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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Quarterly Financial Information Disclosure [Abstract] | |||||||||||
Revenues | $ 106,091 | $ 108,962 | $ 92,356 | $ 96,933 | $ 98,183 | $ 93,883 | $ 92,142 | $ 87,646 | $ 404,342 | $ 371,854 | $ 375,822 |
Operating expenses | 99,862 | 101,920 | 88,325 | 93,374 | 97,126 | 91,158 | 89,706 | 86,680 | 383,481 | 364,670 | |
Income from operations | 6,229 | 7,042 | 4,031 | 3,559 | 1,057 | 2,725 | 2,436 | 966 | 20,861 | 7,184 | 16,393 |
Interest expense | (9,385) | (13,471) | (11,668) | (10,315) | (10,051) | (10,463) | (10,776) | (9,363) | (44,839) | (40,653) | (29,900) |
Gain recognized on sale of business | 0 | 107,239 | 0 | 0 | 107,239 | 0 | 0 | ||||
Debt extinguishment and modification expenses | 0 | (1,523) | 0 | (376) | (1,899) | ||||||
Other income (expense), net | 182 | 190 | 194 | 30 | 187 | 158 | 138 | 227 | 596 | 710 | |
Income tax expense (benefit) | (2,020) | 13,737 | 415 | (1,233) | (1,638) | (1,736) | 5,928 | (1,724) | 10,899 | 830 | (2,490) |
Net income (loss) | (954) | 85,740 | (7,858) | (5,869) | 71,059 | (33,589) | (17,836) | ||||
Less income attributable to redeemable and redeemed non-controlling interests | (50) | (45,348) | 0 | 0 | (45,398) | 0 | 0 | ||||
Net income (loss) attributable to stockholders of Priority Technology Holdings, Inc. | $ (1,004) | $ 40,392 | $ (7,858) | $ (5,869) | $ (7,169) | $ (5,844) | $ (14,130) | $ (6,446) | $ 25,661 | $ (33,589) | $ (17,836) |
Basic and diluted (USD per share) | $ (0.01) | $ 0.60 | $ (0.12) | $ (0.09) | $ (0.11) | $ (0.09) | $ (0.21) | $ (0.10) | $ 0.38 | $ (0.50) | |
Diluted (in dollars per share) | $ 0.38 | $ (0.50) | $ (0.29) |
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to redeemable noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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