Higher One 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014	Aug. 06, 2014
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 Public Float	$167.10	'
Entity Common Stock, Shares Outstanding	'	47,587,379
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$18,059	$6,268
Investments in marketable securities	248	247
Accounts receivable	13,973	8,747
Income receivable	7,377	6,680
Deferred tax assets	480	5,895
Prepaid expenses and other current assets	9,368	7,725
Restricted cash	250	250
Total current assets	49,755	35,812
Deferred costs	4,971	4,373
Fixed assets, net	48,675	49,888
Intangible assets, net	58,367	59,834
Goodwill	67,403	67,403
Loan receivable related to New Markets Tax Credit financing	7,633	7,633
Other assets	4,998	4,940
Restricted cash	2,475	2,500
Total assets	244,277	232,383
Current liabilities:	'	'
Accounts payable	2,655	3,787
Accrued expenses	25,059	30,322
Deferred revenue	27,460	22,392
Total current liabilities	55,174	56,501
Deferred revenue and other non-current liabilities	2,341	2,342
Loan payable and deferred contribution related to New Markets Tax Credit financing	9,026	9,181
Debt	94,000	89,000
Deferred tax liabilities	2,237	2,393
Total liabilities	162,778	159,417
Commitments and contingencies (Note 7)	'	'
Stockholders' equity:	'	'
Common stock, $.001 par value; 200,000,000 shares authorized; 59,500,405 shares issued and 47,587,379 shares outstanding at June 30, 2014; 59,028,810 shares issued and 47,115,784 shares outstanding at December 31, 2013	60	60
Additional paid-in capital	183,933	181,339
Treasury stock, 11,913,026 shares at June 30, 2014 and December 31, 2013	-137,899	-137,899
Retained earnings (accumulated deficit)	35,405	29,466
Total stockholders' equity	81,499	72,966
Total liabilities and stockholders' equity	$244,277	$232,383

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
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)	59,500,405	59,028,810
Common stock, shares outstanding (in shares)	47,587,379	47,115,784
Treasury stock (in shares)	11,913,026	11,913,026

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenue:	'	'	'	'
Account revenue	$26,345	$25,944	$68,007	$69,307
Payment transaction revenue	9,835	6,086	24,455	12,787
Higher education institution revenue	9,050	7,725	19,029	14,866
Other revenue	247	268	542	443
Sales Revenue, Goods, Gross	45,477	40,023	112,033	97,403
Sales Allowances, Services	-8,750	0	-8,750	0
Revenue	36,727	40,023	103,283	97,403
Cost of revenue	21,102	17,894	48,696	40,194
Gross margin	15,625	22,129	54,587	57,209
Operating expenses:	'	'	'	'
General and administrative	16,015	13,576	31,726	26,665
Product development	1,770	2,444	3,962	4,339
Sales and marketing	4,705	4,632	9,179	7,839
Merger and acquisition related expenses	0	-5,011	0	-4,465
Total operating expenses	22,490	15,641	44,867	34,378
Income from operations	-6,865	6,488	9,720	22,831
Interest income	34	20	53	39
Interest expense	-792	-766	-1,615	-1,395
Other income	1,681	78	1,759	155
Net income before income taxes	-5,942	5,820	9,917	21,630
Income tax expense	-2,171	2,261	3,978	8,269
Net income	-3,771	3,559	5,939	13,361
Net income available to common stockholders:	'	'	'	'
Basic	-3,771	3,559	5,939	13,361
Diluted	($3,771)	$3,559	$5,939	$13,361
Weighted average shares outstanding:	'	'	'	'
Basic (in shares)	47,198,922	46,704,451	47,141,355	46,489,470
Diluted (in shares)	47,198,922	48,382,828	48,189,411	48,354,283
Net income available to common stockholders per common share:	'	'	'	'
Basic (in dollars per share)	($0.08)	$0.08	$0.13	$0.29
Diluted (in dollars per share)	($0.08)	$0.07	$0.12	$0.28

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, 2013	$60	$181,339	($137,899)	$29,466	$72,966
Balance (in shares) at Dec. 31, 2013	47,115,784	'	'	'	47,115,784
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Stock-based compensation	0	2,431	0	0	2,431
Stock Issued During Period, Value, Restricted Stock Award, Gross	0	0	0	0	0
Stock Issued During Period, Shares, Restricted Stock Award, Gross	341,019	'	'	'	'
Tax benefit related to options	0	17	0	0	17
Repurchase of common stock	0	0	0	0	0
Repurchase of common stock (in shares)	0	'	'	'	'
Exercise of stock options	0	146	0	0	146
Exercise of stock options (in shares)	130,576	'	'	'	'
Net income	0	0	0	5,939	5,939
Balance at Jun. 30, 2014	$60	$183,933	($137,899)	$35,405	$81,499
Balance (in shares) at Jun. 30, 2014	47,587,379	'	'	'	47,587,379

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities	'	'
Net income	$5,939	$13,361
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	8,887	6,598
Amortization of deferred finance costs	245	223
Non-cash fair value adjustment of contingent consideration	0	-5,215
Stock-based compensation	2,348	2,326
Deferred income taxes	5,259	990
Income tax benefit related to exercise of stock options	-17	-735
Other income	-155	-154
Loss on disposal of fixed assets	84	16
Changes in operating assets and liabilities:	'	'
Accounts receivable	-5,226	-5,687
Income receivable	-697	-6,057
Deferred costs	-1,807	-477
Prepaid expenses and other current assets	-5,111	5,086
Other assets	-86	-330
Accounts payable	-1,132	-1,160
Accrued expenses	-5,375	1,731
Deferred revenue	5,067	4,989
Net cash provided by operating activities	8,223	15,505
Cash flows from investing activities	'	'
Purchases of fixed assets, net of changes in payables of ($238) and ($153), respectively	-2,334	-3,296
Payments to Acquire Businesses, Gross	0	-47,250
Additions to internal use software	-2,754	-966
Proceeds from development related subsidies	3,468	0
Amount Received from Restricted Cash	25	2,000
Deposits to Restricted Cash	0	0
Net cash used in investing activities	-1,595	-49,512
Cash flows from financing activities	'	'
Proceeds from line of credit	15,000	52,000
Repayments of line of credit	-10,000	-20,000
Tax benefit related to stock options	17	735
Proceeds from exercise of stock options	146	1,060
Purchases of common stock	0	-5,996
Net cash used in financing activities	5,163	27,799
Net change in cash and cash equivalents	11,791	-6,208
Cash and cash equivalents at beginning of period	6,268	13,031
Cash and cash equivalents at end of period	$18,059	$6,823

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from investing activities	'	'
Purchases of fixed assets, changes in construction payables	($238)	($153)

Nature_of_Business_and_Organiz

Nature of Business and Organization	6 Months Ended
	Jun. 30, 2014
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.  We have 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.
	As further explained in “Note 5 – Credit Facility” and the Regulatory Examinations section within “Note 6 – Commitments and Contingencies,” we recorded a reduction of our revenue of $8.75 million during the three months ended June 30, 2014 as a result of an ongoing regulatory examination.  Please refer “Note 5 – Credit Facility” and the Regulatory Examinations section within “Note 6 – Commitments and Contingencies” for additional information regarding this examination, the possibility of additional losses related to this matter and related impact on our liquidity and credit facility.

Significant_Accounting_Policie

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
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 the 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, 2013, 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, 2013 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP.  As described in “Note 7 - Business Combinations,” we have revised the comparative balance sheet as of December 31, 2013 to include the effect of a measurement period adjustment.  Due to seasonal fluctuations and other factors, the results of operations for the three months ended June 30, 2014 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. 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 (Loss) Available to Common Stockholders per Common Share
	Basic net income (loss) per common share excludes dilution for potential common stock issuances and is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period.  Diluted net income (loss) 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 (loss) 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 period (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 6,541,026 and 4,268,423 were not included in the computation of diluted net income (loss) per common share for the three months ended June 30, 2014 and 2013, respectively, as their effect would be anti-dilutive. The effect of stock options and warrants to purchase our common stock totaling 4,318,103 and 4,268,423 were not included in the computation of diluted net income per common share for the six months ended June 30, 2014 and 2013, 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, including the three months ended June 30, 2014, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an anti-dilutive effect.
	Comprehensive Income
	There are no comprehensive income items other than net income. 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
	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 $135.9 million and $199.1 million of such funds as of June 30, 2014 and December 31, 2013, 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 2013 or during the six months ended June 30, 2014 which had a material impact on our consolidated financial position, results of operations or liquidity.
	In May 2014, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, No. 2014-09, Revenue From Contracts With Customers, that outlines a single model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU becomes effective for us at the beginning of our 2017 fiscal year; early adoption is not permitted. We are currently assessing the impact that this standard will have on our consolidated financial statements.
	In June 2014, the FASB issued Accounting Standards Update No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which updated the accounting standards related to stock compensation. The update clarifies the accounting for share-based payments with a performance target that could be achieved after the requisite service period. Specifically, the update specifies the performance target should not be reflected in estimating the grant-date fair value of the award. Instead, the probability of achieving the performance target should impact vesting of the award. The standard is effective for interim and annual periods beginning after December 15, 2015 and early adoption is permitted. We are currently assessing the impact that this standard will have on our consolidated financial statements.

Investments_in_Marketable_Secu

Investments in Marketable Securities and Fair Value Measurements	6 Months Ended
	Jun. 30, 2014
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 carried at fair value measured on a recurring basis (in thousands).  There were no liabilities carried at fair value measured on a recurring basis at either June 30, 2014 or December 31, 2013:
			Total		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Unobservable Inputs
					(Level 1)		(Level 2)		(Level 3)
	Fair values at June 30, 2014
	Assets:
	Certificate of deposit		$	248	$	–	$	248	$	–
	Fair values at December 31, 2013
	Assets:
	Certificate of deposit		$	247	$	–	$	247	$	–
	There was no activity in the fair value of the measurements using unobservable inputs (Level 3 Assets) during the six months ended June 30, 2014.
	Our contingently returnable escrow receivable was valued using probability-weighted, future possible expected outcomes.  The unobservable input utilized in the determination of this receivable was our estimation of which clients subject to the escrow agreement would assign their contracts to us.  During the three months ended March 31, 2014, the contingently returnable escrow receivable was reduced as a result of a measurement period adjustment, which had the effect of reducing the amount recorded as of both March 31, 2014 and December 31, 2013. The contingently returnable escrow receivable was included in prepaid expenses and other current assets in the condensed consolidated balance sheet as of December 31, 2013.  All amounts were distributed out of escrow in June 2014.  Refer to “Note 7 – Business Combinations” for additional information related to the escrow arrangement.
	We had no unrealized gains or losses from investments as of June 30, 2014 or December 31, 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 (defined below) approximates fair value. 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 June 30, 2014.  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	6 Months Ended
	Jun. 30, 2014
Real Estate Development Project [Abstract]	'
Real Estate Development Project	'
	4.	Real Estate Development Project
	At the end of 2011, we completed a real estate development project and moved our headquarters into two commercial buildings located in New Haven, Connecticut.  During the six months ended June 30, 2014, we received a payment of $3.5 million associated with state historic tax credits which were generated by the project.  This amount was recorded within prepaid expenses and other current assets, along with an offsetting reduction to our fixed assets, in our condensed consolidated balance sheet as of December 31, 2013.
	We have provided two guaranties 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 do not currently believe that the requirement to make a payment under either of the guaranties described above is probable and we have thus not recorded any liability on our condensed consolidated balance sheet in connection with these guaranties.
	In connection with the real estate project described above, during 2013, we made an investment in FC Winchester Lofts Master Tenant, LLC, or the Master Tenant, which will maintain and operate a residential development project which is adjacent to our corporate headquarters. Although we contributed capital to the project, the power to direct the economically significant activities of the project is held by the other member of the Master Tenant, as such we are not the primary beneficiary of the Master Tenant.  For example, the other member has the right to manage the operations of the development once the development is completed.  Additionally, we do not have exposure to loss in excess of the amounts we contribute to the Master Tenant. Accordingly, our investment in the Master Tenant is accounted for as an equity method investment. The equity investment totaled $3.9 million during the year ended December 31, 2013 and is included within other assets on the accompanying balance sheet as of June 30, 2014 and December 31, 2013.  We expect to make additional investments during 2014 as construction is completed.  The total amount expected to be invested during 2014 and 2015 is approximately $8.8 million.  As a result of our equity investment in the residential development, we will receive the pass-through of federal historic tax credits generated by the residential development and the right to receive certain cash flows generated from the project.  The federal historic tax credits are expected to be approximately $11.2 million and are expected to reduce our federal income taxes payable during the years ending December 31, 2014 and 2015.

Credit_Facility

Credit Facility	6 Months Ended
	Jun. 30, 2014
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 June 30, 2014, there were $94.0 million in borrowings outstanding, at a weighted average interest rate of 2.4%, under 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.  We are in compliance with all of the applicable affirmative, negative and financial covenants of the Credit Facility. One of the financial covenants in the Credit Facility relates to a requirement to have a minimum of $50.0 million of EBITDA (as defined in the Credit Facility) over the prior twelve months.  In addition, a settlement with regulatory authorities in an amount exceeding $10.0 million could cause a default under other covenants in our Credit Facility. As of June 30, 2014, our trailing twelve month EBITDA (as defined in the Credit Facility) was $52.0 million.
	The allowance for customer restitution reduced our revenue and trailing twelve month EBITDA by $8.75 million during the quarter ended June 30, 2014.  If there is any event of any default under our credit agreement, all amounts then outstanding may be immediately due and payable and may require us to apply all of our available cash to repay these amounts. We may also need to seek alternative forms of financing or other sources of liquidity in order to repay these amounts. There can be no assurances that such alternative forms of financing or other sources of liquidity would be available to us on favorable terms or at all. The acceleration of indebtedness under our credit agreement could have a material adverse effect on our business, financial condition and results of operations. Please refer to “Note 6 – Commitments and Contingencies” for additional information about the regulatory matters and their impact on the covenants associated with our Credit Facility.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	6.	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.
	Regulatory Examinations and Other Matters
	As previously disclosed, the Federal Reserve Bank of Chicago notified us and a former bank partner of potential violations of the Federal Trade Commission Act relating to marketing and disclosure practices related to the OneAccount during the period it was offered by such former bank partner. On May 9, 2014, the Federal Reserve Banks of Chicago (the responsible Reserve Bank for a former bank partner) and Philadelphia (the responsible Reserve Bank for a current bank partner) notified us that the staff of the Board of Governors of the Federal Reserve System intended to recommend that the Board of Governors of the Federal Reserve System, or the Board of Governors, seek an administrative order against us with respect to asserted violations of the Federal Trade Commission Act. The cited violations relate to our activities with both a former and current bank partner and our marketing and disclosure practices related to the process by which students may select the OneAccount option for financial aid refund. We are in discussions with the Staff of the Board of Governors and the Reserve Banks on this matter. The Staff of the Board of Governors has asserted that any administrative order may seek damages, including customer restitution and civil money penalties, totaling as much as $35 million, and changes to certain of our business practices.
	Approximately 55% of the OneAccounts are held at our bank partner regulated by the FDIC and we will need to consider voluntarily providing restitution to those OneAccounts held at that bank partner. In the event we do provide restitution to these OneAccounts on the same basis as an order from the Board of Governors, it is reasonably possible that our loss related to this matter will increase accordingly and increase our total exposure by an additional amount of approximately $35 million, or approximately $70 million in total.
	During the quarter ended June 30, 2014, we recorded a liability of $8.75 million related to this matter, which is shown as an allowance for customer restitution on our consolidated statement of operations.  While we believe that it is probable that we will have a loss related to this regulatory matter, in view of the inherent difficulty of predicting the outcomes of regulatory matters, we cannot predict the eventual outcome of this pending matter, the timing of the ultimate resolution of this matter or an exact amount of loss associated with this matter.  The liability recorded at June 30, 2014 reflects the minimum amount we expect to pay related to this matter, although, there is a reasonable possibility that the liability will increase in future periods.  Although the ultimate amount of restitution or civil money penalties are subject to many uncertainties and therefore impossible to predict, it is possible the amounts could reach levels that would cause an event of default under our Credit Facility. As described in “Note 5 – Credit Facility”, our EBITDA, as defined in the Credit Facility, as of June 30, 2014 for the trailing twelve months was $52.0 million, which exceeds the required minimum EBITDA required in our credit agreement by $2.0 million.
	In July 2014, we received a civil investigative demand from the Office of the Attorney General of the Commonwealth of Massachusetts pursuant to the Commonwealth’s Consumer Protection Act. The Massachusetts Attorney General has informed us that its investigation relates to our debt collection practices. We are in the process of providing the information requested by the civil investigative demand, which includes information and records about us and certain of our business practices, particularly as they relate to Massachusetts residents, institutes of higher education and students. We cannot predict whether we will become subject to any other action by the Massachusetts Attorney General or any other state agencies.
	Consumer Class Action
	HOI and HOH are defendants in a series of putative class action lawsuits filed in 2012: 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. The Judicial Panel on Multidistrict Litigation transferred all of these cases to the District of Connecticut for coordinated or consolidated pretrial proceedings. The proceedings are referred to as the “In re Higher One OneAccount Marketing and Sales Practices Litigation” or the “MDL.” Plaintiffs have filed a consolidated amended complaint in the MDL that generally alleges, among other things, violations of state consumer protection statutes (predicated, in part, on alleged violations of ED 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, which the court denied as moot on March 11, 2014 in light of the parties’ settlement, discussed below.
	In October 2013, we reached an agreement in principle on the key terms of a settlement that would resolve all of the above class action litigation that was filed against us in 2012. In February 2014, we executed a settlement agreement, the terms of which included a payment of $15.0 million to a settlement fund, an agreement to pay the cost of notice to the class, and an agreement to make and/or maintain certain practice changes. We made the payment of $15.0 million to the settlement fund in February 2014.  On February 14, 2014, plaintiffs asked the court to preliminarily approve the settlement. On June 2, 2014, the court issued an order preliminarily approving the settlement, directing that notice of the settlement be sent to the class, setting relevant filing deadlines, and scheduling a final fairness hearing for November 24, 2014. The court must approve the settlement before it becomes final and binding. There is no assurance that the court will approve the settlement. During the year ended December 31, 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 signed settlement agreement, the actual loss or range of such loss could vary materially from the current estimate if the settlement is not finalized and approved.
	Securities Class Action
	On May 27, 2014, a putative class action captioned Brian Perez v. Higher One Holdings, Inc., No. 3:14-cv-755-AWT, was filed by HOH shareholder Brian Perez in the United States District Court for the District of Connecticut. HOH and certain officers have been named as defendants. Mr. Perez generally alleges that HOH and the other named defendants made certain misrepresentations in public filings in violation of the federal securities laws and seeks an unspecified amount of damages. Mr. Perez seeks to represent a class of any person who purchased HOH securities between August 7, 2012 and May 12, 2014. On July 28, 2014, Mr. Perez filed a motion to be appointed lead plaintiff.  No other motions to appoint lead plaintiff were filed.  Mr. Perez’s motion remains pending.  None of the defendants have been served with the complaint, and therefore none have responded to the complaint. HOH intends to vigorously defend itself against these allegations. HOH is currently unable to predict the outcome of this complaint and therefore cannot determine the likelihood of loss nor estimate a range of possible loss.
	TouchNet
	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. 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 a matter of the type describe above if and when it presents  loss contingencies that are both probable and reasonably estimable.

Business_Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Business Combinations	'
	7.	Business Combinations
	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 at closing. All escrowed amounts have been released as further described below in this Note 7.
	During the three months ended March 31, 2014, we recorded a measurement period adjustment which resulted in a change in the fair values attributed to the contingently returnable escrow receivable, intangible assets and goodwill. We revised the comparative balance sheet as of December 31, 2013 to include the effect of the measurement period adjustment as if the accounting had been completed on the acquisition date. The fair value of the contingently returnable escrow receivable was reduced by $3.2 million and the fair value of intangible assets and goodwill were increased by $2.3 million and $0.9 million, respectively. The fair value of the contingently returnable escrow receivable decreased as a result of additional client contracts which were assigned to us, compared to our earlier assessments.  The remaining disclosures related to the acquisition of Campus Solutions have been updated to reflect this measurement period adjustment.  There were no changes to goodwill during the six months ended June 30, 2014, other than the change related to the measurement period adjustment described above.
	During the three months ended June 30, 2014, we received $1.6 million from the amounts that were deposited into escrow. The determination of the amount that we would receive did not occur until after the measurement period related to the Campus Solutions acquisition had ended and was based on facts and circumstances negotiated during the quarter ended June 30, 2014. As a result, we recorded the receipt of $1.6 million as Other Income in the accompanying financial statements. As of June 30, 2014, all amounts had been released from escrow.
	Under the acquisition method of accounting, the total fair value of consideration transferred was allocated to Campus Solutions’ net tangible and intangible assets based on their estimated fair values as of May 7, 2013. The 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			136
	Fixed assets			92
	Intangible assets			25,850
	Goodwill			20,402
	Total assets acquired and fair value of consideration transferred		$	47,250
	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.  The amount to be amortized is presented in thousands.
			Weighted-average amortization period (in years)		Amount
	Customer relationships			11	$	23,130
	Completed technology			3		2,720
				10	$	25,850
	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 $19.3 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.
	We reported revenues totaling approximately $8.7 million from the Campus Solutions acquisition during the six months ended June 30, 2014.
	The pro forma financial information for the three and six months ended June 30, 2013 is provided for illustrative purposes only and assumes that the acquisition of the Campus Solutions business occurred on January 1, 2013. 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 the periods presented also includes amortization expense from acquired intangible assets, adjustments to interest expense, interest income and related tax effects.
			Three Months Ended		Six Months Ended
			June 30,		June 30,
	in thousands (other than per share information)		2013		2013
	Revenues		$	41,631	$	106,193
	Net income		$	2,308	$	10,267
	Basic earnings per share		$	0.05	$	0.22
	Basic weighted average number of common shares outstanding			46,704		46,489
	Diluted earnings per share		$	0.05	$	0.21
	Diluted weighted average number of common and common equivalent shares outstanding			48,383		48,354

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
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 the 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, 2013, 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, 2013 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP.  As described in “Note 7 - Business Combinations,” we have revised the comparative balance sheet as of December 31, 2013 to include the effect of a measurement period adjustment.  Due to seasonal fluctuations and other factors, the results of operations for the three months ended June 30, 2014 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. 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 (Loss) Available to Common Stockholders per Common Share
	Basic net income (loss) per common share excludes dilution for potential common stock issuances and is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period.  Diluted net income (loss) 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 (loss) 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 period (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 6,541,026 and 4,268,423 were not included in the computation of diluted net income (loss) per common share for the three months ended June 30, 2014 and 2013, respectively, as their effect would be anti-dilutive. The effect of stock options and warrants to purchase our common stock totaling 4,318,103 and 4,268,423 were not included in the computation of diluted net income per common share for the six months ended June 30, 2014 and 2013, 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, including the three months ended June 30, 2014, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an anti-dilutive effect.
Comprehensive Income	'
	Comprehensive Income
	There are no comprehensive income items other than net income. 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
	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 $135.9 million and $199.1 million of such funds as of June 30, 2014 and December 31, 2013, 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 2013 or during the six months ended June 30, 2014 which had a material impact on our consolidated financial position, results of operations or liquidity.
	In May 2014, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, No. 2014-09, Revenue From Contracts With Customers, that outlines a single model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU becomes effective for us at the beginning of our 2017 fiscal year; early adoption is not permitted. We are currently assessing the impact that this standard will have on our consolidated financial statements.
	In June 2014, the FASB issued Accounting Standards Update No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which updated the accounting standards related to stock compensation. The update clarifies the accounting for share-based payments with a performance target that could be achieved after the requisite service period. Specifically, the update specifies the performance target should not be reflected in estimating the grant-date fair value of the award. Instead, the probability of achieving the performance target should impact vesting of the award. The standard is effective for interim and annual periods beginning after December 15, 2015 and early adoption is permitted. We are currently assessing the impact that this standard will have on our consolidated financial statements.

Investments_in_Marketable_Secu1

Investments in Marketable Securities and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2014
Investments in Marketable Securities and Fair Value Measurements [Abstract]	'
Fair value by balance sheet grouping	'
	The following table reflects the assets carried at fair value measured on a recurring basis (in thousands).  There were no liabilities carried at fair value measured on a recurring basis at either June 30, 2014 or December 31, 2013:
		Total		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Unobservable Inputs
				(Level 1)		(Level 2)		(Level 3)
	Fair values at June 30, 2014
	Assets:
	Certificate of deposit	$	248	$	–	$	248	$	–
	Fair values at December 31, 2013
	Assets:
	Certificate of deposit	$	247	$	–	$	247	$	–

Business_Combinations_Tables

Business Combinations (Tables)	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Allocation of Fair Value of Consideration Transferred	'
	Under the acquisition method of accounting, the total fair value of consideration transferred was allocated to Campus Solutions’ net tangible and intangible assets based on their estimated fair values as of May 7, 2013. The 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			136
	Fixed assets			92
	Intangible assets			25,850
	Goodwill			20,402
	Total assets acquired and fair value of consideration transferred		$	47,250
Methods and Input Utilized to Determine Fair Value	'
	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.  The amount to be amortized is presented in thousands.
			Weighted-average amortization period (in years)		Amount
	Customer relationships			11	$	23,130
	Completed technology			3		2,720
				10	$	25,850
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 $19.3 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.
Proforma Financial Information	'
	We reported revenues totaling approximately $8.7 million from the Campus Solutions acquisition during the six months ended June 30, 2014.
	The pro forma financial information for the three and six months ended June 30, 2013 is provided for illustrative purposes only and assumes that the acquisition of the Campus Solutions business occurred on January 1, 2013. 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 the periods presented also includes amortization expense from acquired intangible assets, adjustments to interest expense, interest income and related tax effects.
			Three Months Ended		Six Months Ended
			June 30,		June 30,
	in thousands (other than per share information)		2013		2013
	Revenues		$	41,631	$	106,193
	Net income		$	2,308	$	10,267
	Basic earnings per share		$	0.05	$	0.22
	Basic weighted average number of common shares outstanding			46,704		46,489
	Diluted earnings per share		$	0.05	$	0.21
	Diluted weighted average number of common and common equivalent shares outstanding			48,383		48,354

Nature_of_Business_and_Organiz1

Nature of Business and Organization (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			Subsidiary
Nature of Business and Organization [Abstract]	'	'	'	'
Number of subsidiaries	'	'	2	'
Collective ownership held by two subsidiaries (in hundredths)	99.00%	'	99.00%	'
Ownership percentage of subsidiary (in hundredths)	98.00%	'	98.00%	'
Sales Allowances, Services	$8,750	$0	$8,750	$0

Significant_Accounting_Policie2

Significant Accounting Policies (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
In Millions, except Share data, unless otherwise specified			Stock options	Stock options	Stock options	Stock options
Significant Accounting Policies [Abstract]	'	'	'	'	'	'
Funds accepted on behalf of others	$135.90	$199.10	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'	'	'
Shares excluded from calculation of earnings per share (in shares)	'	'	6,541,026	4,268,423	4,318,103	4,268,423

Investments_in_Marketable_Secu2

Investments in Marketable Securities and Fair Value Measurements (Details) (Recurring [Member], USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Asset [Abstract]	'	'
Certificate of deposit	$248	$247
Assets, Fair Value Disclosure, Total	248	247
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	'	'
Asset [Abstract]	'	'
Certificate of deposit	0	0
Assets, Fair Value Disclosure, Total	0	0
Significant Other Observable Inputs (Level 2) [Member]	'	'
Asset [Abstract]	'	'
Certificate of deposit	248	247
Assets, Fair Value Disclosure, Total	248	247
Unobservable Inputs (Level 3) [Member]	'	'
Asset [Abstract]	'	'
Certificate of deposit	0	0
Assets, Fair Value Disclosure, Total	$0	$0

Real_Estate_Development_Projec1

Real Estate Development Project (Details) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2014	Dec. 31, 2013
	Guarantee
	Building
Real Estate Development Project [Abstract]	'	'	'	'
Proceeds From Development Related Subsidies	$3,468,000	$0	'	'
Number of existing buildings to develop	2	'	'	'
Number of guarantees related to project development	2	'	'	'
Guarantor Obligations [Line Items]	'	'	'	'
Payments to Acquire Equity Method Investments	'	'	'	3,900,000
Amount to be invested in Real Estate in 2014	'	'	8,800,000	'
Federal Historic Tax Credits We Expect to Receive	'	'	11,200,000	'
Department of Economic and Community Development [Member]	'	'	'	'
Guarantor Obligations [Line Items]	'	'	'	'
Maximum guaranty amount	5,900,000	'	'	'
Tax Credits [Member]	'	'	'	'
Guarantor Obligations [Line Items]	'	'	'	'
Maximum guaranty amount	$6,000,000	'	'	'

Credit_Facility_Details

Credit Facility (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Line of Credit Facility [Line Items]	'	'	'	'
Settlement Which Could Cause Default	'	'	$10,000,000	'
Trailing 12 Month EBITDA	52,000,000	'	52,000,000	'
Sales Allowances, Services	8,750,000	0	8,750,000	0
Revolving credit facility [Member]	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'
Term of credit facility	'	'	'5 years	'
Maximum borrowing capacity under credit facility	200,000,000	'	200,000,000	'
Line of Credit Facility, Amount Outstanding	94,000,000	'	94,000,000	'
Interest rate during period (in hundredths)	'	'	2.40%	'
Debt Instrument, Maturity Date	'	'	16-Oct-17	'
Minimum EBITDA	'	'	50,000,000	'
Letter of credit [Member]	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'
Maximum amount permitted for issuance	20,000,000	'	20,000,000	'
Swing line loans [Member]	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'
Maximum amount permitted for issuance	$10,000,000	'	$10,000,000	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
			Complaint
			Patent
Commitments and Contingencies [Abstract]	'	'	'	'	'
Potential Federal Reserve Restitution	'	'	$35,000,000	'	'
Potential FDIC Restitution	'	'	35,000,000	'	'
Potential Total Restitution	'	'	70,000,000	'	'
Sales Allowances, Services	8,750,000	0	8,750,000	0	'
Trailing 12 Month EBITDA	52,000,000	'	52,000,000	'	'
Amount Which Current EBITDA Exceeds Minimum	2,000,000	'	2,000,000	'	'
Gain (Loss) Related to Litigation Settlement	'	'	'	'	16,300,000
Settlement Amount	'	'	$15,000,000	'	'
Number Of Complaints	'	'	2	'	'
Number of patents violated	'	'	2	'	'

Business_Combinations_Details

Business Combinations (Details) (USD $)	3 Months Ended		6 Months Ended			3 Months Ended		1 Months Ended	3 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Jun. 30, 2013	Jun. 30, 2013	7-May-13	Mar. 31, 2014
						Customer Relationships [Member]	Developed Technology Rights [Member]	Campus Solutions Member [Member]	Campus Solutions Member [Member]
Business Acquisition, Cost of Acquired Entity [Abstract]	'	'	'	'	'	'	'	'	'
Business Acquisition, Cost of Acquired Entity, Cash Paid	'	'	$0	$47,250,000	'	'	'	$47,300,000	'
Deposit into Escrow	'	'	'	'	'	'	'	5,200,000	'
Decrease in Fair Value of Contingently Returnable Escrow Receivable	'	'	'	'	'	'	'	'	3,164,000
Increase to Fair Value of Intangible Assets due to reduction of contingently returnable escrow	'	'	'	'	'	'	'	'	2,310,000
Increase to Fair Value of Goodwill due to reduction of contingently returnable escrow	'	'	'	'	'	'	'	'	854,000
Proceeds From Escrow	1,600,000	'	'	'	'	'	'	'	'
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	'	'	'	'	'	'	'	136,000	'
Fixed assets	'	'	'	'	'	'	'	92,000	'
Intangible assets	'	'	'	'	'	'	'	25,850,000	'
Goodwill	67,403,000	'	67,403,000	'	67,403,000	'	'	20,402,000	'
Total assets acquired	'	'	'	'	'	'	'	47,250,000	'
Goodwill [Roll Forward]	'	'	'	'	'	'	'	'	'
Goodwill deductible for tax purposes	19,300,000	'	19,300,000	'	'	'	'	'	'
Business Acquisition, Pro Forma Information [Abstract]	'	'	'	'	'	'	'	'	'
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	8,700,000	'	'	'	'	'	'	'	'
Revenues	'	41,631,000	'	106,193,000	'	'	'	'	'
Net income	'	2,308,000	'	10,267,000	'	'	'	'	'
Basic earnings per share (in dollars per share)	'	$0.05	'	$0.22	'	'	'	'	'
Basic weighted average number of common shares outstanding (in shares)	'	46,704,451	'	46,489,470	'	'	'	'	'
Diluted earnings per share (in dollars per share)	'	$0.05	'	$0.21	'	'	'	'	'
Diluted weighted average number of common and common equivalent shares outstanding (in shares)	'	48,382,828	'	48,354,283	'	'	'	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'	'	'	'
Weighted-average amortization period (in years)	'	'10 years	'	'	'	'11 years	'3 years	'	'
Amount	'	$25,850,000	'	'	'	$23,130,000	$2,720,000	'	'