Higher One 10-Q 8 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Aug. 06, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Higher One Holdings, Inc.	'
Entity Central Index Key	'0001486800	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	0
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$11,830	$13,031
Investments in marketable securities	247	247
Accounts receivable	10,104	4,860
Income receivable	7,306	7,466
Deferred tax assets	19	37
Prepaid expenses and other current assets	14,139	10,890
Restricted cash	250	2,000
Total current assets	43,895	38,531
Deferred costs	4,188	4,665
Fixed assets, net	52,879	52,686
Intangible assets, net	58,867	38,143
Goodwill	66,548	47,000
Loan receivable related to New Markets Tax Credit financing	7,633	7,633
Other assets	1,066	740
Restricted cash	2,500	1,500
Total assets	237,576	190,898
Current liabilities:	'	'
Accounts payable	3,122	3,756
Accrued expenses	31,974	12,526
Contingent consideration, current portion	0	2,230
Deferred tax liabilities	0	356
Deferred revenue	22,014	16,027
Total current liabilities	57,110	34,895
Deferred revenue and other non-current liabilities	2,349	2,517
Loan payable and deferred contribution related to New Markets Tax Credit financing	9,258	9,490
Debt	100,000	80,000
Contingent consideration, non-current portion	0	3,520
Deferred tax liabilities	3,982	2,764
Total liabilities	172,699	133,186
Commitments and contingencies (Note 7)	'	'
Stockholders' equity:	'	'
Common stock, $.001 par value; 200,000,000 shares authorized; 58,914,697 shares issued and 47,001,671 shares outstanding at September 30, 2013; 58,045,404 shares issued and 46,660,781 shares outstanding at December 31, 2012	60	59
Additional paid-in capital	179,511	174,218
Treasury stock, 11,913,026 and 11,384,623 shares at September 30, 2013 and December 31, 2012, respectively	-137,899	-131,903
Retained earnings	23,205	15,338
Total stockholders' equity	64,877	57,712
Total liabilities and stockholders' equity	$237,576	$190,898

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Stockholders' equity:	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	58,914,697	58,045,404
Common stock, shares outstanding (in shares)	47,001,671	46,660,781
Treasury stock (in shares)	11,913,026	11,384,623

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue:	'	'	'	'
Account revenue	$33,234	$35,660	$102,541	$112,803
Payment transaction revenue	14,615	8,342	27,402	17,843
Higher education institution revenue	9,008	5,946	23,874	14,597
Other revenue	255	1,279	698	2,678
Revenue	57,112	51,227	154,515	147,921
Cost of revenue	24,999	21,838	65,193	60,303
Gross margin	32,113	29,389	89,322	87,618
Operating expenses:	'	'	'	'
General and administrative	16,404	11,902	43,069	34,205
Product development	2,822	1,380	7,161	3,371
Sales and marketing	4,884	3,182	12,723	8,995
Gain (Loss) Related to Litigation Settlement	16,320	0	16,320	0
Merger and acquisition related	-326	1,042	-4,791	1,042
Total operating expenses	40,104	17,506	74,482	47,613
Income from operations	-7,991	11,883	14,840	40,005
Interest income	19	23	58	87
Interest expense	-857	-185	-2,252	-402
Other income	406	77	561	232
Net income before income taxes	-8,423	11,798	13,207	39,922
Income tax expense	-2,929	4,480	5,340	15,164
Net income	-5,494	7,318	7,867	24,758
Net income available to common stockholders:	'	'	'	'
Basic	-5,494	7,318	7,867	24,758
Diluted	($5,494)	$7,318	$7,867	$24,758
Weighted average shares outstanding:	'	'	'	'
Basic (in shares)	46,907,493	54,511,509	46,630,343	54,837,154
Diluted (in shares)	46,907,493	57,246,289	48,360,447	57,903,692
Net income available to common stockholders per common share:	'	'	'	'
Basic (in dollars per share)	($0.12)	$0.13	$0.17	$0.45
Diluted (in dollars per share)	($0.12)	$0.13	$0.16	$0.43

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Changes in Stockholders' Equity (unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2012	$59	$174,218	($131,903)	$15,338	$57,712
Balance (in shares) at Dec. 31, 2012	46,660,781	'	'	'	46,660,781
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Stock-based compensation	0	3,384	0	0	3,384
Stock Issued During Period, Value, Restricted Stock Award, Gross	0	0	0	0	0
Stock Issued During Period, Shares, Restricted Stock Award, Gross	70,882	'	'	'	'
Tax benefit related to options	0	796	0	0	796
Repurchase of common stock	0	0	-5,996	0	-5,996
Repurchase of common stock (in shares)	-528,403	'	'	'	-528,403
Exercise of stock options	1	1,113	0	0	1,114
Exercise of stock options (in shares)	798,411	'	'	'	'
Net income	0	0	0	7,867	7,867
Balance at Sep. 30, 2013	$60	$179,511	($137,899)	$23,205	$64,877
Balance (in shares) at Sep. 30, 2013	47,001,671	'	'	'	47,001,671

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities	'	'
Net income	$7,867,000	$24,758,000
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	10,587,000	7,336,000
Amortization of deferred finance costs	332,000	102,000
Non-cash fair value adjustment of contingent consideration	-5,750,000	310,000
Stock-based compensation	3,261,000	3,226,000
Deferred income taxes	880,000	-1,755,000
Income tax benefit related to exercise of stock options	-796,000	-2,796,000
Other income	-232,000	-233,000
Loss on disposal of fixed assets	8,000	35,000
Changes in operating assets and liabilities:	'	'
Accounts receivable	-4,474,000	-2,624,000
Income receivable	160,000	-3,029,000
Deferred costs	-920,000	-703,000
Prepaid expenses and other current assets	51,000	12,997,000
Other assets	-337,000	-114,000
Accounts payable	-634,000	799,000
Accrued expenses	20,363,000	-3,566,000
Deferred revenue	5,819,000	3,708,000
Net cash provided by operating activities	36,185,000	38,451,000
Cash flows from investing activities	'	'
Purchases of available for sale investment securities	0	-11,230,000
Proceeds from sales and maturities of available for sale investment securities	0	26,728,000
Purchases of fixed assets, net of changes in payables of ($153) and ($11,799), respectively	-4,563,000	-22,499,000
Payments to Acquire Businesses, Gross	-47,250,000	-37,280,000
Additions to internal use software	-2,237,000	-2,061,000
Proceeds from development related subsidies	0	330,000
Amount Received from Restricted Cash	2,000,000	0
Deposits to Restricted Cash	-1,250,000	-2,615,000
Net cash used in investing activities	-53,300,000	-48,627,000
Cash flows from financing activities	'	'
Proceeds from line of credit	52,000,000	30,000,000
Repayments of line of credit	-32,000,000	0
Tax benefit related to stock options	796,000	2,796,000
Proceeds from exercise of stock options	1,114,000	2,939,000
Purchases of common stock	-5,996,000	-37,600,000
Net cash used in financing activities	15,914,000	-1,865,000
Net change in cash and cash equivalents	-1,201,000	-12,041,000
Cash and cash equivalents at beginning of period	13,031,000	39,085,000
Cash and cash equivalents at end of period	$11,830,000	$27,044,000

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from investing activities	'	'
Purchases of fixed assets, changes in construction payables	($153)	($11,799)

Nature_of_Business_and_Organiz

Nature of Business and Organization	9 Months Ended
	Sep. 30, 2013
Nature of Business and Organization [Abstract]	'
Nature of Business and Organization	'
	1.	Nature of Business and Organization
	Higher One Holdings, Inc., or HOH, is a leading provider of technology, data analytics and payment services to the higher education industry. HOH, through its subsidiaries, provides a comprehensive suite of disbursement, payment and data analytics solutions specifically designed for higher education institutions and their students and has developed and acquired proprietary software-based solutions to provide these services. HOH is incorporated in Delaware and maintains its headquarters in New Haven, Connecticut. HOH has a wholly-owned subsidiary, Higher One, Inc., or HOI, which has two wholly-owned subsidiaries, Higher One Machines, Inc., or HOMI, and Higher One Real Estate, Inc., or Real Estate Inc.  HOI and HOMI together own 99% of Higher One Financial Technology Private Limited, or HOFTPL.  Real Estate Inc. has a 98% ownership interest in Higher One Real Estate SP, LLC, or Real Estate LLC.  HOMI and HOFTPL perform certain of our operational support functions. Real Estate Inc. and Real Estate LLC were each formed to hold and operate certain of our real estate. The terms “we,” “us,” “our,” the “Company” or “Higher One,” unless the context otherwise requires, mean Higher One Holdings, Inc. and its subsidiaries.

Significant_Accounting_Policie

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Significant Accounting Policies [Abstract]	'
Significant Accounting Policies	'
	2.	Significant Accounting Policies
	Basis of Presentation and Consolidation
	The accompanying unaudited condensed consolidated financial statements and the related interim information contained within the notes to such condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, and the applicable rules of the Securities and Exchange Commission, or SEC, for interim information and quarterly reports on Form 10-Q.
	The unaudited condensed consolidated financial statements have been prepared on a consistent basis with the audited consolidated financial statements included in our annual report on Form 10-K for the year ended December 31, 2012, and in the opinion of management, include all normal recurring adjustments that are necessary for the fair statement of our interim period results reported herein.  The December 31, 2012 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP.  Due to seasonal fluctuations and other factors, the results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for the full year.
	The unaudited condensed consolidated financial statements reflect our financial position and results of operations, including our majority and wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
	The preparation of financial statements in conformity with GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from management’s estimates.
	Basic and Diluted Net Income Available to Common Stockholders per Common Share
	Basic net income per common share excludes dilution for potential common stock issuances and is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period.  Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.  For the calculation of diluted net income per common share, the basic weighted-average number of shares is increased by the dilutive effect of restricted stock, warrants and stock options using the treasury-stock method.  The treasury-stock method assumes that the options or warrants are exercised at the beginning of the year (or date of issue if later), and that we use those proceeds to purchase common stock for treasury at the average price for the reporting period.
	The effect of stock options and warrants to purchase our common stock totaling 6,599,803 and 2,022,512 were not included in the computation of diluted net income (loss) per common share for the three months ended September 30, 2013 and 2012, respectively, as their effect would be anti-dilutive. The dilutive effect of stock options and warrants totaling 4,293,387 and 1,936,438 were not included in the computation of diluted net income per common share for the nine months ended September 30, 2013 and 2012, respectively, as their effect would be anti-dilutive. Anti-dilutive securities are securities that upon conversion or exercise increase earnings per share (or reduce the loss per share).  In periods when we recognize a net loss, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an antidilutive effect.
	Comprehensive Income
	There are no comprehensive income items other than net income (loss). There are no recorded unrealized gains or losses on the investments in marketable securities as of the balance sheet dates.  Comprehensive income equals net income for all periods presented.
	Restricted Cash and Other Arrangements
	During the three months ended September 30, 2013, we deposited $1.3 million in a restricted cash account with a former bank partner.
	We accept payments on behalf of educational institutions and subsequently remit these payments to the education institutions. The amounts received are maintained in segregated accounts for the benefit of either the institution or the payor. There were approximately $368.2 million and $251.8 million of such funds as of September 30, 2013 and December 31, 2012, respectively. These deposits are not our funds and therefore are not included in the accompanying condensed consolidated balance sheets.
	Recent Accounting Pronouncements
	There were no accounting standards adopted during 2012 or during the nine months ended September 30, 2013 which had a material impact on our consolidated financial position, results of operations or liquidity.  There are no new accounting standards issued but not yet effective which we expect to have a material impact on our consolidated financial position, results of operations, liquidity or disclosure.

Investments_in_Marketable_Secu

Investments in Marketable Securities and Fair Value Measurements	9 Months Ended
	Sep. 30, 2013
Investments in Marketable Securities and Fair Value Measurements [Abstract]	'
Investments in Marketable Securities and Fair Value Measurements	'
	3.	Investments in Marketable Securities and Fair Value Measurements
	The following table reflects the assets and liabilities carried at fair value measured on a recurring basis (in thousands):
			Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Unobservable Inputs
										(Level 3)
	Fair values at September 30, 2013
	Assets:
	Certificate of deposit		$	247	$	–	$	247		$	–
	Contingently returnable escrow receivable			3,300		–		–			3,300
	Total Assets		$	3,547	$	–	$	247		$	3,300
	Liabilities:
	Contingent consideration		$	–	$	–	$	–		$	–
	Fair values at December 31, 2012
	Assets:
	Certificate of deposit		$	247	$	–	$	247		$	–
	Liabilities:
	Contingent consideration		$	5,750	$	–	$	–		$	5,750
	A summary of the activity of the fair value of the measurements using unobservable inputs (Level 3 Asssets and Liabilities) for the nine months ended September 30, 2013, is as follows (in thousands):
			Beginning Value of Level 3 Measurements		New Level 3 Measurements		Gain Recognized in Earnings			Ending Fair Value of Level 3 Measurements
	Contingently returnable escrow receivable		$	-	$	3,300	$	-		$	3,300
	Contingent consideration		$	5,750			$	(5,750	)	$	-
	Our contingently returnable escrow receivable is valued using probability-weighted, future possible expected outcomes.  The unobservable input utilized in the determination of this receivable is our estimation of which clients subject to the escrow agreement will assign their contracts to us (refer to "Note 8 - Business Combinations" for additional information related to this arrangement).  The range of amounts which we may receive from escrow is between $0 and $4.5 million.  All amounts are expected to be distributed out of escrow by December 2013. The contingently returnable escrow receivable is included in prepaid expenses and other current assets in the condensed consolidated balance sheet.
	Our contingent consideration liability is valued using probability-weighted, future possible expected outcomes and an appropriate discount rate.  The unobservable input utilized in the determination of this liability is our estimation of the range of revenues which will be achieved by the Campus Labs business during 2013.  The approximate range of revenues utilized to estimate the contingent consideration liability was below $12.5 million as of September 30, 2013, which is below the minimum threshold for payout. During the three months ending September 30, 2013, we adjusted the range of revenues utilized to estimate the contingent consideration liability to reflect our current best estimates regarding the revenue to be earned by the Campus Labs business during 2013. The $5.8 million adjustment recognized in earnings during the nine months ended September 30, 2013 was recorded in the merger and acquisition related line item in the consolidated statement of operations. The contingent consideration liability is sensitive to changes in our estimate of revenues to be achieved by the Campus Labs business during 2013.  For each $0.2 million increase or decrease in the estimated revenues to be achieved by the Campus Labs business during 2013, the contingent consideration liability would increase or decrease by approximately $0.7 million (undiscounted).
	We had no unrealized gains or losses from investments as of December 31, 2012 or September 30, 2013 and there is no difference between the amortized cost and fair value of the securities we held. The carrying amounts of our cash equivalents, accounts receivable, accounts payable and accrued expenses approximates fair value because of the short-term nature of these instruments. The carrying amount of our debt outstanding under our credit facility approximates fair value because we recently entered into this loan agreement and is a Level 2 measurement. Our loan receivable related to New Markets Tax Credit financing is a debt instrument that we classify as held to maturity and is recorded at amortized cost.  The carrying value of both our loan receivable and loan payable related to New Markets Tax Credit financing approximates fair value as of September 30, 2013.  Our loan payable and loan receivable related to New Markets Tax Credit financing was estimated using discounted cash flow analysis based on rates for similar types of arrangements and are considered Level 3 measurements.

Real_Estate_Development_Projec

Real Estate Development Project	9 Months Ended
	Sep. 30, 2013
Real Estate Development Project [Abstract]	'
Real Estate Development Project	'
	4.	Real Estate Development Project
	At the end of 2011, we moved our headquarters into two commercial buildings located in New Haven, Connecticut.  We have provided two guarantees related to this real estate development project. We provided a guaranty to the State of Connecticut Department of Economic and Community Development related to our obligation to repay the amounts which were granted to us if we fail to meet certain criteria. The maximum potential amount of future payments of this guaranty is approximately $5.9 million.  We also provided a guaranty related to tax credits that are expected to be generated by an investment made by an unrelated entity into the real estate development project. In the event that we cause either a recapture or disallowance of the tax credits expected to be generated under this program, we will be required to repay the disallowed or recaptured tax credits plus an amount sufficient to pay the taxes on such repayment, to the counterparty of the guaranty agreement. This guaranty will remain in place through 2018. The maximum potential amount of future payments of this guaranty is approximately $6.0 million.
	We currently believe that the requirement to make a payment under either of the guaranties described above is remote and we have thus not recorded any liability on our balance sheet in connection with these guaranties.

Credit_Facility

Credit Facility	9 Months Ended
	Sep. 30, 2013
Credit Facility [Abstract]	'
Credit Facility	'
	5.	Credit Facility
	On October 16, 2012, HOI entered into a five-year, $200.0 million, senior secured revolving credit facility, or the Credit Facility. As of September 30, 2013, there was $100.0 million in borrowings outstanding, at a weighted average interest rate of 2.4%, under the Credit Facility.  We amended the Credit Facility in November 2013 to exclude from our financial covenant calculations the loss related to the settlement of class action lawsuits (refer to "Note 7 - Commitments and Contingencies" for additional information regarding the class action lawsuits).  We are in compliance with all of the applicable affirmative, negative and financial covenants of the Credit Facility.  The amount available to be drawn under the Credit Facility may be increased by an additional $100.0 million upon our request and the agreement of the lenders party to the Credit Facility.  The Credit Facility permits the issuance of letters of credit of up to $20.0 million and swing line loans of up to $10.0 million to fund working capital needs.  Loans drawn under the Credit Facility are payable in a single maturity on October 16, 2017.

Capital_Stock

Capital Stock	9 Months Ended
	Sep. 30, 2013
Capital Stock [Abstract]	'
Capital Stock	'
	6.	Capital Stock
	Treasury Stock
	On August 1, 2012, our board of directors authorized a share repurchase program pursuant to which we were permitted to repurchase up to $100.0 million of our issued and outstanding shares of common stock through August 15, 2013.  During the nine months ended September 30, 2013, we purchased 528,403 shares of our common stock at a cost of $6.0 million.  All shares repurchased were held in treasury as of September 30, 2013.  We do not have an authorized share repurchase program as of September 30, 2013.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	7.	Commitments and Contingencies
	From time to time we are subject to litigation relating to matters in the ordinary course of business, as well as regulatory examinations, information gathering requests, inquiries and investigations.
	We are a defendant in a series of putative class action lawsuits. The cases are as follows: Ashley Parker, et al. v. Higher One Holdings, Inc. et al., filed on July 3, 2012 in the United States District Court for the Northern District of Mississippi, Eastern Division; Jeanette Price et al. v. Higher One Holdings, Inc. et al., filed on July 27, 2012 in the United States District Court for the District of Connecticut; John Brandon Kent et al. v. Higher One Holdings, Inc. et al., filed on August 17, 2012 in the United States District Court for the Middle District of Alabama, Northern Division; Jonathan Lanham et al. v. Higher One Holdings, Inc. et al., filed on October 2, 2012 in the United States District Court for the Western District of Kentucky, Louisville Division; Aisha DeClue et al. v. Higher One, Inc., et al., filed on November 5, 2012 in the St. Louis County Circuit Court of Missouri; and Jill Massey et al. v. Higher One Holdings, Inc. et al., filed on November 6, 2012 in the United States District Court for the Southern District of Illinois, East Saint Louis Division. We filed a motion with the Judicial Panel on Multidistrict Litigation, or JPML, asking the Panel to transfer to a single court the first three cases named above (and any additional tag-along cases) for coordinated or consolidated pretrial proceedings. On December 11, 2012 and December 21, 2012, the JPML ruled in our favor and the Parker, Kent, Price, Lanham, and Massey actions were transferred to the District of Connecticut. This consolidated case is captioned In re Higher One OneAccount Marketing and Sales Practices Litigation, or the MDL. Plaintiffs have since filed a consolidated amended complaint in the MDL. It generally alleges, among other things, violations of state consumer protection statutes (predicated, in part, on alleged violations of Department of Education rules and violations of the federal Electronic Funds Transfer Act) and various common law claims. On April 22, 2013, we filed a motion to dismiss the case. On December 21, 2012, Higher One removed the DeClue case to the United States District Court for the Eastern District of Missouri. On December 27, 2012, the JPML issued a conditional transfer order with respect to the DeClue action, which the DeClue plaintiffs have opposed. The JPML overruled that opposition and the DeClue case has been transferred to the District of Connecticut to proceed as part of the MDL. In DeClue, plaintiff has filed a motion to remand the case to state court, but the court has stayed any briefing on this motion until the MDL Court lifts the stay and enters a scheduling order.
	In October 2013,wereached an agreement in principle on the key terms of a preliminary settlement that would resolve the MDL. The terms of the preliminary settlement include a payment of approximately $15.0 million and an agreement to make and/or maintain certain practice changes.  The parties remain in negotiations and a final settlement agreement is contingent upon (a) reaching agreement on the remaining terms, (b) obtaining corporate approvals of the final agreement, and (c) court approval. There can be no assurance that these conditions will be satisfied as contemplated in the agreement in principle.
	During the quarter ended September 30, 2013, we recorded an accrual for an estimated charge of $16.3 million to reflect our current estimate of the resolution, inclusive of additional legal and other administrative costs, based on the agreement in principle.  While this estimate is consistent with our view of the current exposure based on the agreement in principle, the actual loss or range of such loss could vary materially from the current estimate if the settlement is not finalized and approved.
	In February 2009 and September 2010, Higher One, Inc. filed two separate complaints against TouchNet Information Systems, Inc., or TouchNet, in the United States District Court for the District of Connecticut alleging patent infringement related to TouchNet's offering for sale and sales of its “eRefund” product in violation of two of our patents. In the complaints, we sought judgments that TouchNet has infringed two of our patents, a judgment that TouchNet pay damages and interest on damages to compensate us for infringement, an award of our costs in connection with these actions and an injunction barring TouchNet from further infringing our patents. TouchNet answered the complaint and asserted a number of defenses and counterclaims, including that it does not infringe our patent, that our patent is invalid or unenforceable and certain allegations of unfair competition and state and federal antitrust violations. In addition, TouchNet's counterclaims sought dismissal of our claims with prejudice, declaratory judgment that TouchNet does not infringe our patent and that our patent is invalid or unenforceable, as well as an award of fees and costs related to the action, and an injunction permanently enjoining us from suing TouchNet regarding infringement of our patent. The parties are currently in the discovery stage of the proceeding. Although we intend to pursue the matter vigorously, there can be no assurances of our success in these proceedings.
	In accordance with applicable accounting guidance, we establish a liability for these matters if and when they were to present loss contingencies that were both probable and reasonably estimable.

Business_Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Business Combinations	'
	8.	Business Combinations
	On August 7, 2012, we acquired substantially all of the assets of Campus Labs, LLC, or Campus Labs.  The Campus Labs business provides specialized, comprehensive assessment programs that combine data collection, reporting, organization, and campus-wide integration for higher education institutions. The net assets and results of operations of the acquired assets of Campus Labs, LLC are included in our consolidated financial statements from August 8, 2012.
	On May 7, 2013, we entered into an Asset Purchase Agreement with Sallie Mae, Inc., or Sallie Mae, to purchase substantially all of the assets of Sallie Mae’s Campus Solutions business, or Campus Solutions, for consideration of approximately $47.3 million in cash, $5.2 million of which was deposited into escrow and will be released to Sallie Mae or us depending on the assignment of certain client contracts.  We recorded a contingently returnable escrow receivable of $3.3 million at the time of the acquisition which was the fair value of the amount we expect to receive from the amounts deposited in escrow.  The purchase consideration is also subject to certain post-closing adjustments, including working capital adjustments.
	We completed the acquisition on May 7, 2013, and used borrowing available under our Credit Facility to pay the purchase price and related transaction costs.  The Campus Solutions business provides refund disbursement and payment processing solutions, including tuition payment plans, to education institutions.  The acquisition of the Campus Solutions business significantly increases the number of our higher education institution clients to whom we provide refund disbursement and payment processing services. The net assets and results of operations of the Campus Solutions business are included in our consolidated financial statements beginning May 8, 2013. Assets acquired and liabilities assumed were recorded at their fair values as of May 7, 2013.
	Under the acquisition method of accounting, the total fair value of consideration transferred was allocated to Campus Solution’s net tangible and intangible assets based on their estimated fair values as of May 7, 2013. The preliminary allocation of fair value of consideration transferred was allocated as follows (in thousands):
	Assets acquired:		7-May-13
	Accounts receivable		$	770
	Contingently returnable escrow receivable			3,300
	Fixed assets			92
	Intangible assets			23,540
	Goodwill			19,548
	Total assets acquired and fair value of consideration transferred		$	47,250
	The preliminary purchase price allocations for the Campus Solutions acquisition were based upon a preliminary valuation and our estimates and assumptions for these acquisitions are subject to change as we obtain additional information for our estimates during the respective measurement periods. The primary areas of those purchase price allocations that are not yet finalized relate to the contingently returnable escrow receivable, working capital accounts, identifiable intangible assets and residual goodwill.
	The following methods and inputs were utilized to determine fair value for the respective items:
	Item	Valuation technique	Inputs
	Contingently returnable escrow receivable	Probability-weighted future possible outcomes	Estimate of the contracts that will be assigned to us and the amount to be paid from escrow to us for each such contract
	Completed technology	Income approach – relief from royalty	Estimated future revenue attributable to technology completed as of the acquisition date, royalty rate and discount rate
	Customer relationships	Income approach – excess earnings	Estimated future revenues attributable to existing higher education institution clients as of the acquisition date, estimated income associated with such revenue, royalty rate and discount rate
	The acquired intangible assets will be amortized each year based on a straight-line method over the estimated useful life of the asset.
			Weighted-average amortization period (in years)			Amount
	Customer relationships			11		$	21,240
	Completed technology			3			2,300
				10		$	23,540
	Goodwill represents the excess of the fair value of consideration transferred for an acquired business over the fair value of the net tangible and intangible assets acquired. Goodwill exists in the transaction as a result of value beyond that of the tangible and other intangible assets, attributable to synergies that exist in the combined business, including a planned migration to a single technology platform. Goodwill of $19.5 million is deductible for tax purposes.
	The Campus Solutions business does not constitute a separate operating segment. Our strategy is to integrate the Campus Solutions business into our existing business. We have also concluded that our operating segment is a single reporting unit. Our single operating segment does not have any components that constitute a separate business for which discrete information will be available. We plan to operate the combined enterprise as one integrated business. Accordingly, the goodwill arising from the acquisition was assigned to our single operating segment and single reporting unit.
	The change in carrying value of goodwill for the nine months ended Septemer 30, 2013 was as follows (in thousands):
	Balance at December 31, 2012		$	47,000
	Acquisition of Campus Solutions			19,548
	Balance at September 30, 2013		$	66,548
	We reported total aggregate revenues of approximately $7.8 million and $14.4 million from the acquisitions of the Campus Labs and Campus Solutions businesses during the three and nine months ended September 30, 2013, respectively.
	The pro forma financial information for the three and nine months ended September 30, 2013 and 2012 is provided for illustrative purposes only and assumes that the acquisitions of the Campus Labs and Campus Solutions businesses occurred on January 1, 2012.  The historical results of the Campus Labs and Campus Solutions businesses are included through August 7, 2012 and May 7, 2013, respectively.  This pro forma financial information (in thousands, except per share data) should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future.  The pro forma financial information for all periods presented also includes amortization expense from acquired intangible assets, adjustments to interest expense, interest income and related tax effects.
			Three Months Ended					Nine Months Ended
			September 30,					September 30,
	in thousands (other than per share information)		2013			2012		2013		2012
	Revenues		$	57,112		$	57,827	$	163,355	$	169,216
	Net income (loss)		$	(5,494	)	$	4,998	$	4,804	$	15,853
	Basic earnings (loss) per share		$	(0.12	)	$	0.09	$	0.1	$	0.29
	Basic weighted average number of common shares outstanding			46,907			54,512		46,630		54,837
	Diluted earnings (loss) per share		$	(0.12	)	$	0.09	$	0.1	$	0.27
	Diluted weighted average number of common and common equivalent shares outstanding			46,907			57,246		48,360		57,904

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Significant Accounting Policies [Abstract]	'
Basis of Presentation and Consolidation	'
	Basis of Presentation and Consolidation
	The accompanying unaudited condensed consolidated financial statements and the related interim information contained within the notes to such condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, and the applicable rules of the Securities and Exchange Commission, or SEC, for interim information and quarterly reports on Form 10-Q.
	The unaudited condensed consolidated financial statements have been prepared on a consistent basis with the audited consolidated financial statements included in our annual report on Form 10-K for the year ended December 31, 2012, and in the opinion of management, include all normal recurring adjustments that are necessary for the fair statement of our interim period results reported herein.  The December 31, 2012 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP.  Due to seasonal fluctuations and other factors, the results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for the full year.
	The unaudited condensed consolidated financial statements reflect our financial position and results of operations, including our majority and wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
	The preparation of financial statements in conformity with GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from management’s estimates.
Basic and Diluted Net Income Available to Common Stockholders per Common Share	'
	Basic and Diluted Net Income Available to Common Stockholders per Common Share
	Basic net income per common share excludes dilution for potential common stock issuances and is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period.  Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.  For the calculation of diluted net income per common share, the basic weighted-average number of shares is increased by the dilutive effect of restricted stock, warrants and stock options using the treasury-stock method.  The treasury-stock method assumes that the options or warrants are exercised at the beginning of the year (or date of issue if later), and that we use those proceeds to purchase common stock for treasury at the average price for the reporting period.
	The effect of stock options and warrants to purchase our common stock totaling 6,599,803 and 2,022,512 were not included in the computation of diluted net income (loss) per common share for the three months ended September 30, 2013 and 2012, respectively, as their effect would be anti-dilutive. The dilutive effect of stock options and warrants totaling 4,293,387 and 1,936,438 were not included in the computation of diluted net income per common share for the nine months ended September 30, 2013 and 2012, respectively, as their effect would be anti-dilutive. Anti-dilutive securities are securities that upon conversion or exercise increase earnings per share (or reduce the loss per share).  In periods when we recognize a net loss, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an antidilutive effect.
Comprehensive Income	'
	Comprehensive Income
	There are no comprehensive income items other than net income (loss). There are no recorded unrealized gains or losses on the investments in marketable securities as of the balance sheet dates.  Comprehensive income equals net income for all periods presented.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Restricted Cash and Other Arrangements
	During the three months ended September 30, 2013, we deposited $1.3 million in a restricted cash account with a former bank partner.
	We accept payments on behalf of educational institutions and subsequently remit these payments to the education institutions. The amounts received are maintained in segregated accounts for the benefit of either the institution or the payor. There were approximately $368.2 million and $251.8 million of such funds as of September 30, 2013 and December 31, 2012, respectively. These deposits are not our funds and therefore are not included in the accompanying condensed consolidated balance sheets.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	There were no accounting standards adopted during 2012 or during the nine months ended September 30, 2013 which had a material impact on our consolidated financial position, results of operations or liquidity.  There are no new accounting standards issued but not yet effective which we expect to have a material impact on our consolidated financial position, results of operations, liquidity or disclosure.

Investments_in_Marketable_Secu1

Investments in Marketable Securities and Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2013
Investments in Marketable Securities and Fair Value Measurements [Abstract]	'
Fair value by balance sheet grouping	'
	The following table reflects the assets and liabilities carried at fair value measured on a recurring basis (in thousands):
		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Unobservable Inputs
									(Level 3)
	Fair values at September 30, 2013
	Assets:
	Certificate of deposit	$	247	$	–	$	247		$	–
	Contingently returnable escrow receivable		3,300		–		–			3,300
	Total Assets	$	3,547	$	–	$	247		$	3,300
	Liabilities:
	Contingent consideration	$	–	$	–	$	–		$	–
	Fair values at December 31, 2012
	Assets:
	Certificate of deposit	$	247	$	–	$	247		$	–
	Liabilities:
	Contingent consideration	$	5,750	$	–	$	–		$	5,750
Fair Value, Assets Measured on Recurring Basis, Unobservable Inputs	'
	A summary of the activity of the fair value of the measurements using unobservable inputs (Level 3 Asssets and Liabilities) for the nine months ended September 30, 2013, is as follows (in thousands):
		Beginning Value of Level 3 Measurements		New Level 3 Measurements		Gain Recognized in Earnings			Ending Fair Value of Level 3 Measurements
	Contingently returnable escrow receivable	$	-	$	3,300	$	-		$	3,300
	Contingent consideration	$	5,750			$	(5,750	)	$	-

Business_Combinations_Tables

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Schedule of Goodwill [Table Text Block]	'
	Goodwill represents the excess of the fair value of consideration transferred for an acquired business over the fair value of the net tangible and intangible assets acquired. Goodwill exists in the transaction as a result of value beyond that of the tangible and other intangible assets, attributable to synergies that exist in the combined business, including a planned migration to a single technology platform. Goodwill of $19.5 million is deductible for tax purposes.
	The Campus Solutions business does not constitute a separate operating segment. Our strategy is to integrate the Campus Solutions business into our existing business. We have also concluded that our operating segment is a single reporting unit. Our single operating segment does not have any components that constitute a separate business for which discrete information will be available. We plan to operate the combined enterprise as one integrated business. Accordingly, the goodwill arising from the acquisition was assigned to our single operating segment and single reporting unit.
	The change in carrying value of goodwill for the nine months ended Septemer 30, 2013 was as follows (in thousands):
	Balance at December 31, 2012		$	47,000
	Acquisition of Campus Solutions			19,548
	Balance at September 30, 2013		$	66,548
Allocation of Fair Value of Consideration Transferred	'
	Under the acquisition method of accounting, the total fair value of consideration transferred was allocated to Campus Solution’s net tangible and intangible assets based on their estimated fair values as of May 7, 2013. The preliminary allocation of fair value of consideration transferred was allocated as follows (in thousands):
	Assets acquired:		7-May-13
	Accounts receivable		$	770
	Contingently returnable escrow receivable			3,300
	Fixed assets			92
	Intangible assets			23,540
	Goodwill			19,548
	Total assets acquired and fair value of consideration transferred		$	47,250
Methods and Input Utilized to Determine Fair Value	'
	The preliminary purchase price allocations for the Campus Solutions acquisition were based upon a preliminary valuation and our estimates and assumptions for these acquisitions are subject to change as we obtain additional information for our estimates during the respective measurement periods. The primary areas of those purchase price allocations that are not yet finalized relate to the contingently returnable escrow receivable, working capital accounts, identifiable intangible assets and residual goodwill.
	The following methods and inputs were utilized to determine fair value for the respective items:
	Item	Valuation technique	Inputs
	Contingently returnable escrow receivable	Probability-weighted future possible outcomes	Estimate of the contracts that will be assigned to us and the amount to be paid from escrow to us for each such contract
	Completed technology	Income approach – relief from royalty	Estimated future revenue attributable to technology completed as of the acquisition date, royalty rate and discount rate
	Customer relationships	Income approach – excess earnings	Estimated future revenues attributable to existing higher education institution clients as of the acquisition date, estimated income associated with such revenue, royalty rate and discount rate
Schedule of Acquired Finite Lived Intangible Assets	'
	The acquired intangible assets will be amortized each year based on a straight-line method over the estimated useful life of the asset.
			Weighted-average amortization period (in years)			Amount
	Customer relationships			11		$	21,240
	Completed technology			3			2,300
				10		$	23,540
Proforma Financial Information	'
	We reported total aggregate revenues of approximately $7.8 million and $14.4 million from the acquisitions of the Campus Labs and Campus Solutions businesses during the three and nine months ended September 30, 2013, respectively.
	The pro forma financial information for the three and nine months ended September 30, 2013 and 2012 is provided for illustrative purposes only and assumes that the acquisitions of the Campus Labs and Campus Solutions businesses occurred on January 1, 2012.  The historical results of the Campus Labs and Campus Solutions businesses are included through August 7, 2012 and May 7, 2013, respectively.  This pro forma financial information (in thousands, except per share data) should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future.  The pro forma financial information for all periods presented also includes amortization expense from acquired intangible assets, adjustments to interest expense, interest income and related tax effects.
			Three Months Ended					Nine Months Ended
			September 30,					September 30,
	in thousands (other than per share information)		2013			2012		2013		2012
	Revenues		$	57,112		$	57,827	$	163,355	$	169,216
	Net income (loss)		$	(5,494	)	$	4,998	$	4,804	$	15,853
	Basic earnings (loss) per share		$	(0.12	)	$	0.09	$	0.1	$	0.29
	Basic weighted average number of common shares outstanding			46,907			54,512		46,630		54,837
	Diluted earnings (loss) per share		$	(0.12	)	$	0.09	$	0.1	$	0.27
	Diluted weighted average number of common and common equivalent shares outstanding			46,907			57,246		48,360		57,904

Nature_of_Business_and_Organiz1

Nature of Business and Organization (Details)	9 Months Ended
	Sep. 30, 2013
	Subsidiary
Nature of Business and Organization [Abstract]	'
Number of subsidiaries	2
Collective ownership held by two subsidiaries (in hundredths)	99.00%
Ownership percentage of subsidiary (in hundredths)	98.00%

Significant_Accounting_Policie2

Significant Accounting Policies (Details) (USD $)	3 Months Ended	9 Months Ended			3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
					Stock options [Member]	Stock options [Member]	Stock options [Member]	Stock options [Member]
Significant Accounting Policies [Abstract]	'	'	'	'	'	'	'	'
Funds accepted on behalf of others	$368,200,000	$368,200,000	'	$251,800,000	'	'	'	'
Deposits to Restricted Cash	$1,250,000	($1,250,000)	($2,615,000)	'	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'	'	'	'	'
Shares excluded from calculation of earnings per share (in shares)	'	'	'	'	6,734,803	2,022,512	4,293,387	1,936,438

Investments_in_Marketable_Secu2

Investments in Marketable Securities and Fair Value Measurements (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012
		Recurring [Member]	Recurring [Member]	Recurring [Member]	Recurring [Member]	Recurring [Member]	Recurring [Member]	Recurring [Member]	Recurring [Member]
				Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	Significant Other Observable Inputs (Level 2) [Member]	Significant Other Observable Inputs (Level 2) [Member]	Unobservable Inputs (Level 3) [Member]	Unobservable Inputs (Level 3) [Member]
Asset [Abstract]	'	'	'	'	'	'	'	'	'
Certificate of deposit	'	$247,000	$247,000	$0	$0	$247,000	$247,000	$0	$0
Contingently Returnable Escrow Receivable, Fair Value Disclosure	'	3,300,000	'	0	'	0	'	3,300,000	'
Assets, Fair Value Disclosure, Total	'	3,547,000	'	0	'	247,000	'	3,300,000	'
Liabilities [Abstract]	'	'	'	'	'	'	'	'	'
Contingent consideration	'	0	5,750,000	0	0	0	0	0	5,750,000
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'	'	'	'	'	'	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value, Beginning Balance	0	'	'	'	'	'	'	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3	3,300,000	'	'	'	'	'	'	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value, Ending Balance	3,300,000	'	'	'	'	'	'	'	'
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'	'	'	'	'	'	'	'
Beginning Balance	5,750,000	'	'	'	'	'	'	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings	-5,750,000	'	'	'	'	'	'	'	'
Ending Balance	0	'	'	'	'	'	'	'	'
Business Acquisition, Contingent Consideration [Line Items]	'	'	'	'	'	'	'	'	'
Business Combination, Contingent Receivable Arrangements, Range of Outcomes, Value, High	0	'	'	'	'	'	'	'	'
Business Combination, Contingent Receivable Arrangements, Range of Outcomes, Value, Low	4,500,000	'	'	'	'	'	'	'	'
Range of revenues to estimate contingent consideration, maximum	12,500,000	'	'	'	'	'	'	'	'
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	5,750,000	'	'	'	'	'	'	'	'
Benchmark amount of estimated revenues	200,000	'	'	'	'	'	'	'	'
Increase (decrease) in contingent consideration	$700,000	'	'	'	'	'	'	'	'

Real_Estate_Development_Projec1

Real Estate Development Project (Details) (USD $)	Sep. 30, 2013
In Millions, unless otherwise specified	Guarantee
	Building
Real Estate Development Project [Abstract]	'
Number of existing buildings to develop	2
Number of guarantees related to project development	2
Department of Economic and Community Development [Member]	'
Guarantor Obligations [Line Items]	'
Maximum guaranty amount	5.9
Tax Credits [Member]	'
Guarantor Obligations [Line Items]	'
Maximum guaranty amount	6

Credit_Facility_Details

Credit Facility (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Revolving credit facility [Member]	'
Line of Credit Facility [Line Items]	'
Term of credit facility	'5 years
Maximum borrowing capacity under credit facility	$200
Line of Credit Facility, Amount Outstanding	100
Interest rate during period (in hundredths)	2.40%
Additional borrowing capacity under credit facility	100
Debt Instrument, Maturity Date	16-Oct-17
Letter of credit [Member]	'
Line of Credit Facility [Line Items]	'
Maximum amount permitted for issuance	20
Swing line loans [Member]	'
Line of Credit Facility [Line Items]	'
Maximum amount permitted for issuance	$10

Capital_Stock_Details

Capital Stock (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
Capital Stock [Abstract]	'
Authorized amount under share repurchase program	$100,000,000
Treasury stock purchased (in shares)	528,403
Treasury stock value	$5,996,000

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
			Patent
			Complaint
Commitments and Contingencies [Abstract]	'	'	'	'
Gain (Loss) Related to Litigation Settlement	$16,320	$0	$16,320	$0
Settlement Amount	$15,000	'	'	'
Number Of Complaints	'	'	2	'
Number of patents violated	'	'	2	'

Business_Combinations_Details

Business Combinations (Details) (USD $)	3 Months Ended			9 Months Ended
	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	7-May-13
Goodwill [Roll Forward]	'	'	'	'	'	'
Goodwill deductible for tax purposes	$19,500,000	'	'	$19,500,000	'	'
Goodwill	'	'	'	47,000,000	'	'
Goodwill, Acquired During Period	'	'	'	'	19,548,000	'
Goodwill	66,548,000	'	'	66,548,000	'	'
Business Acquisition, Pro Forma Information [Abstract]	'	'	'	'	'	'
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	7,800,000	'	'	14,400,000	'	'
Revenues	57,112,000	'	57,827,000	163,355,000	169,216,000	'
Net income	-5,494,000	'	4,998,000	4,804,000	15,853,000	'
Basic earnings per share (in dollars per share)	($0.12)	'	$0.09	$0.10	$0.29	'
Basic weighted average number of common shares outstanding (in shares)	46,907,493	'	54,511,509	46,630,343	54,837,154	'
Diluted earnings per share (in dollars per share)	($0.12)	'	$0.09	$0.10	$0.27	'
Diluted weighted average number of common and common equivalent shares outstanding (in shares)	46,907,493	'	57,246,289	48,360,447	57,903,692	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Weighted-average amortization period (in years)	'	'10 years	'	'	'	'
Amount	'	'	'	'	'	23,540,000
Customer Relationships [Member]	'	'	'	'	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Weighted-average amortization period (in years)	'	'11 years	'	'	'	'
Amount	'	'	'	'	'	21,240,000
Developed Technology Rights [Member]	'	'	'	'	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Weighted-average amortization period (in years)	'	'3 years	'	'	'	'
Amount	'	'	'	'	'	2,300,000
Campus Solutions Member [Member]	'	'	'	'	'	'
Business Acquisition, Cost of Acquired Entity [Abstract]	'	'	'	'	'	'
Business Acquisition, Cost of Acquired Entity, Cash Paid	'	'	'	'	'	47,300,000
Contingently Returnable Escrow Receivable, Fair Value Disclosure	'	'	'	'	'	3,300,000
Deposit into Escrow	'	'	'	'	'	5,200,000
Business Acquisition, Purchase Price Allocation, Assets Acquired [Abstract]	'	'	'	'	'	'
Business Acquisition, Purchase Price Allocation, Current Assets, Receivables	'	'	'	'	'	770,000
Contingently Returnable Escrow Receivable, Fair Value Disclosure	'	'	'	'	'	3,300,000
Fixed assets	'	'	'	'	'	92,000
Intangible assets	'	'	'	'	'	23,540,000
Goodwill	'	'	'	'	'	19,548,000
Total assets acquired	'	'	'	'	'	$47,250,000