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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Summary of information by segment and reconciliations to Adjusted EBITDA and income (loss) before taxes
Summarized information by segment and reconciliations to Adjusted EBITDA and income (loss) before income taxes is as follows (in thousands):
 
Year Ended December 31, 2014
 
Lending
 
Other
 
Corporate
 
Total
Revenue
$
154,504

 
$
12,846

 
$

 
$
167,350

Costs and expenses:
 
 
 
 
 
 
 
Cost of revenue (exclusive of depreciation shown separately below)
7,399

 
504

 

 
7,903

Selling and marketing expense
104,388

 
8,316

 

 
112,704

General and administrative expense
4,898

 
3,979

 
17,006

 
25,883

Product development
6,345

 
1,088

 
24

 
7,457

Depreciation
1,596

 
1,284

 
365

 
3,245

Amortization of intangibles

 
136

 

 
136

Restructuring and severance
268

 
12

 
93

 
373

Litigation settlements and contingencies

 
2

 
10,616

 
10,618

Total costs and expenses
124,894

 
15,321

 
28,104

 
168,319

Operating income (loss)
29,610

 
(2,475
)
 
(28,104
)
 
(969
)
Adjustments to reconcile to Adjusted EBITDA:
 
 
 
 
 
 
 
Amortization of intangibles

 
136

 

 
136

Depreciation
1,596

 
1,284

 
365

 
3,245

Restructuring and severance
268

 
12

 
93

 
373

Loss on disposal of assets
45

 
220

 
17

 
282

Impairment of long-lived assets

 
805

 

 
805

Non-cash compensation
2,404

 
1,043

 
3,830

 
7,277

Acquisition expense

 
60

 

 
60

Litigation settlements and contingencies

 
2

 
10,616

 
10,618

Adjusted EBITDA
$
33,923

 
$
1,087

 
$
(13,183
)
 
$
21,827

 
 
 
 
 
 
 
 
Operating loss
 
 
 
 
 
 
$
(969
)
Interest expense
 
 
 
 
 
 
(2
)
Loss before income taxes
 
 
 
 
 
 
$
(971
)
 
Year Ended December 31, 2013
 
Lending
 
Other
 
Corporate
 
Total
Revenue
$
127,985

 
$
10,632

 
$
623

 
$
139,240

Costs and expenses:
 
 
 
 
 
 
 
Cost of revenue (exclusive of depreciation shown separately below)
5,469

 
613

 
460

 
6,542

Selling and marketing expense
83,694

 
7,449

 
(22
)
 
91,121

General and administrative expense
3,629

 
2,245

 
18,784

 
24,658

Product development
4,302

 
962

 

 
5,264

Depreciation
1,453

 
1,642

 
406

 
3,501

Amortization of intangibles

 
147

 

 
147

Restructuring and severance
78

 
46

 
35

 
159

Litigation settlements and contingencies

 
31

 
8,924

 
8,955

Total costs and expenses
98,625

 
13,135

 
28,587

 
140,347

Operating income (loss)
29,360

 
(2,503
)
 
(27,964
)
 
(1,107
)
Adjustments to reconcile to Adjusted EBITDA:
 
 
 
 
 
 
 
Amortization of intangibles

 
147

 

 
147

Depreciation
1,453

 
1,642

 
406

 
3,501

Restructuring and severance
78

 
46

 
35

 
159

Loss on disposal of assets

 

 
165

 
165

Non-cash compensation
1,681

 
689

 
3,257

 
5,627

Discretionary cash bonus

 

 
920

 
920

Trust contribution
 
 

 
350

 
350

Litigation settlements and contingencies

 
31

 
8,924

 
8,955

Adjusted EBITDA
$
32,572

 
$
52

 
$
(13,907
)
 
$
18,717

 
 
 
 
 
 
 
 
Operating loss
 

 
 

 
 

 
$
(1,107
)
Interest expense
 

 
 

 
 

 
(19
)
Loss before income taxes
 

 
 

 
 

 
$
(1,126
)

 
Year Ended December 31, 2012
 
Lending
 
Other
 
Corporate
 
Total
Revenue
$
61,176

 
$
14,620

 
$
1,647

 
$
77,443

Costs and expenses:
 
 
 
 
 
 
 
Cost of revenue (exclusive of depreciation shown separately below)
3,238

 
536

 
521

 
4,295

Selling and marketing expense
35,250

 
13,677

 
7

 
48,934

General and administrative expense
3,470

 
2,888

 
15,873

 
22,231

Product development
2,277

 
1,258

 
(6
)
 
3,529

Depreciation
1,536

 
1,991

 
578

 
4,105

Amortization of intangibles

 
358

 

 
358

Restructuring and severance
20

 
11

 
(88
)
 
(57
)
Litigation settlements and contingencies

 

 
(3,101
)
 
(3,101
)
Total costs and expenses
45,791

 
20,719

 
13,784

 
80,294

Operating income (loss)
15,385

 
(6,099
)
 
(12,137
)
 
(2,851
)
Adjustments to reconcile to Adjusted EBITDA:
 
 
 
 
 
 
 
Amortization of intangibles

 
358

 

 
358

Depreciation
1,536

 
1,991

 
578

 
4,105

Restructuring and severance
20

 
11

 
(88
)
 
(57
)
Loss on disposal of assets
388

 
345

 
5

 
738

Non-cash compensation
987

 
507

 
3,093

 
4,587

Litigation settlements and contingencies

 

 
(3,101
)
 
(3,101
)
Adjusted EBITDA
$
18,316

 
$
(2,887
)
 
$
(11,650
)
 
$
3,779

 
 
 
 
 
 
 
 
Operating loss
 

 
 

 
 

 
(2,851
)
Interest expense
 

 
 

 
 

 
(881
)
Loss before income taxes
 

 
 

 
 

 
$
(3,732
)
Revenue by product category of the lending segment is as follows (in thousands):
 
Year Ended Year Ended December 31,
 
2014
 
2013
 
2012
Mortgage products
$
134,137

 
$
123,091

 
$
59,362

Non-mortgage products
20,367

 
4,894

 
1,814

Total lending revenue
$
154,504

 
$
127,985

 
$
61,176