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SEGMENT REPORTING (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Summarized information by operating segment
Summarized information by operating segment consists of the following (in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Revenues
 
 
 
 
 
 
 
North America
$
239,537

 
$
205,637

 
$
688,704

 
$
598,757

International
 

 
 

 
 

 
 

External customers
7,996

 
7,074

 
22,535

 
20,562

Intersegment revenues
5

 
3

 
27

 
24

Total International revenues
8,001

 
7,077

 
22,562

 
20,586

Intersegment eliminations
(5
)
 
(3
)
 
(27
)
 
(24
)
Total revenues
$
247,533

 
$
212,711

 
$
711,239

 
$
619,319

 
 
 
 
 
 
 
 
EBITDA
 

 
 

 
 

 
 

North America
$
72,267

 
$
56,305

 
$
170,064

 
$
148,296

International
365

 
1,371

 
1,271

 
2,761

Total EBITDA
$
72,632

 
$
57,676

 
$
171,335

 
$
151,057
Reconciliation of net income to EBITDA
The reconciliation of net income to EBITDA consists of the following (in thousands):

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Net income
$
34,177

 
$
23,201

 
$
78,491

 
$
55,498

Amortization of acquired intangible assets in cost of revenues
4,200

 
5,736

 
15,089

 
17,119

Amortization of acquired intangible assets in operating expenses
4,298

 
5,550

 
13,642

 
17,602

Depreciation and other amortization
6,621

 
6,794

 
19,546

 
18,320

Interest and other income
(555
)
 
(344
)
 
(1,589
)
 
(587
)
Interest and other expense
2,901

 
2,498

 
8,280

 
7,462

Income tax expense
20,990

 
14,241

 
37,876

 
35,643

EBITDA
$
72,632

 
$
57,676

 
$
171,335

 
$
151,057
Summarized information by operating segment, assets and liabilities
Summarized information by operating segment consists of the following (in thousands):
 
September 30,
2017
 
December 31,
2016
Property and equipment, net
 
 
 
North America
$
81,220

 
$
84,727

International
3,106

 
2,841

Total property and equipment, net
$
84,326

 
$
87,568

 
 
 
 
Goodwill
 

 
 

North America
$
1,253,494

 
$
1,227,777

International
29,696

 
27,089

Total goodwill
$
1,283,190

 
$
1,254,866

 
 
 
 
Assets
 

 
 

North America
$
2,331,852

 
$
2,239,587

International
49,952

 
45,167

Total operating segment assets
$
2,381,804

 
$
2,284,754

 
 
 
 
Reconciliation of operating segment assets to total assets
 

 
 

Total operating segment assets
$
2,381,804

 
$
2,284,754

Investment in subsidiaries
(57,065
)
 
(57,065
)
Intersegment receivables
(44,143
)
 
(42,626
)
Total assets
$
2,280,596

 
$
2,185,063

 
 
 
 
Liabilities
 

 
 

North America
$
507,088

 
$
520,833

International
53,490

 
50,057

Total operating segment liabilities
$
560,578

 
$
570,890

 
 
 
 
Reconciliation of operating segment liabilities to total liabilities
 

 
 

Total operating segment liabilities
$
560,578

 
$
570,890

Intersegment payables
(42,409
)
 
(40,040
)
Total liabilities
$
518,169

 
$
530,850
Revenues by services
The revenues by type of service consist of the following (in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Information and analytics
 
 
 
 
 
 
 
CoStar Suite(1)
$
117,314

 
$
103,261

 
$
341,087

 
$
301,969

Information services(2)
18,716

 
19,486

 
55,364

 
58,336

Online marketplaces
 
 
 
 
 
 
 
Multifamily(3)
72,257

 
57,654

 
204,324

 
164,752

Commercial property and land(4)
39,246

 
32,310

 
110,464

 
94,262

Total revenues
$
247,533

 
$
212,711

 
$
711,239

 
$
619,319


(1) CoStar Suite is comprised of CoStar Property Professional; CoStar COMPS Professional; CoStar Tenant; CoStar Market Analytics; and CoStar Portfolio Strategy.

(2) Information services is comprised of LoopNet Premium Searcher; CoStar Real Estate Manager; CoStar Risk Analytics COMPASS; CoStar Investment Analysis Portfolio Maximizer; CoStar Investment Analysis Request; CoStar Brokerage Applications; PROPEX; Grecam; Belbex; and Thomas Daily.

(3) Multifamily is comprised of Apartments.com; ApartmentFinder.com; ApartmentHomeLiving.com; WestsideRentals.com; Apartamentos.com; and The Screening Pros.

(4) Commercial property and land is comprised of LoopNet Premium Lister; LoopLink; CoStar Advertising; BizBuySell and BizQuest; LandsofAmerica, LandAndFarm and LandWatch; and CoStar Private Sale Network.