Segment Reporting (Notes)

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

As a result of the divestiture activity during 2014, the Company now reviews, manages and operates its business in only two segments: Corporate and Cloud SaaS. In addition to now only operating as two segments, in June 2014, the Corporate segment transferred the majority of the employees and assets of its Corvisa Services subsidiary, which formerly provided IT, marketing, procurement, and human resources services to the Company's portfolio of operating subsidiaries, to the Cloud SaaS segment.

Corporate operating results include mortgage securities retained from securitizations and corporate general and administrative expenses. The Cloud SaaS segment includes service fee income and related expenses from the Company's wholly-owned subsidiary, Corvisa. Management evaluates segment performance based on income before income taxes, which is prior to the allocation of losses attributable to the noncontrolling interests.

The following is a summary of the operating results of the Company's segments for 2014 and 2013 and a summary of their financial positions as of December 31, 2014 and December 31, 2013 (dollars in thousands):

	Corporate			Cloud SaaS			Eliminations			Discontinued Operations (C)		Total
For the Year Ended December 31, 2014
Service fee income	$	4,304		$	3,102		$	(4,650	)	$	—	$	2,756
Service fee income – transition services	2,117			—			—			—		2,117
Interest income	7,203			—			(11		)	—		7,192
Interest expense	2,965			10			(8		)	—		2,967
Depreciation and amortization expense (A)	819			763			—			—		1,582
Loss from continuing operations before income taxes	(3,724		)	(12,536		)	(3,092		)	—		(19,352		)
Additions to long-lived assets (B)	466			4,733			(1,522		)	—		3,677
As of December 31, 2014
Total assets	$	57,047		$	12,189		$	(7,706	)	$	649	$	62,179

(A) Amounts are included in the cost of services, development, sales and marketing, and general and administrative expense line items of the consolidated statements of operations.

(B) Amount includes assets acquired under capital leases. Eliminations relate to intersegment transfers of fixed assets.

(C) See Note 3 for additional information regarding the financial position and operating results of discontinued operations.

	Corporate			Cloud SaaS			Eliminations			Discontinued Operations (C)		Total
For the Year Ended December 31, 2013
Service fee income	$	10,442		$	1,472		$	(10,569	)	$	—	$	1,345
Interest income	5,796			—			(328		)	—		5,468
Interest expense	3,185			16			—			—		3,201
Depreciation and amortization expense (A)	756			153			—			—		909
Loss from continuing operations before income taxes	(4,191		)	(4,509		)	(8,490		)	—		(17,190		)
Additions to long-lived assets (B)	1,629			1,112			—			—		2,741
As of December 31, 2013
Total assets	$	23,681		$	1,854		$	(8,510	)	$	17,017	$	34,042

(A) Amounts are included in the cost of services, development, sales and marketing, and general and administrative expense line items of the consolidated statements of operations.

(B) Amount includes assets acquired under capital leases.

(C) See Note 3 for additional information regarding the financial position and operating results of discontinued operations.

The intersegment service fee income for 2014 includes fees charged by the Corporate segment to the Appraisal Management, Financial Intermediary, and Cloud SaaS segments for operational support provided by the Corporate segment's employees. The intersegment interest income and interest expense consists of interest charged by the Corporate segment to the Appraisal Management, Financial Intermediary, and Cloud SaaS segments for borrowings. For 2013, the intersegment service fee income and interest amounts also include fees charged to the Logistics segment.

Excluding professional service fees earned by the Company under the transition services agreement, no customer(s) of any segment comprised greater than 10% of total consolidated revenues during 2014 or 2013. Substantially all of the Company's revenues during 2014 and 2013 were derived from customers based in the United States.