ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2012

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12.  ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accounts payable and accrued expenses consist of the following as of December 31:

(in thousands)	2012		2011
Accounts payable	$	5,079	$	2,974
Accrued expenses - general	16,528		18,485
Accrued salaries and benefits	19,613		14,575
Income taxes payable	8,750		6,419
Payable to Ocwen	8,865		2,414
Payable to AAMC	141		—
Total	$	58,976	$	44,867

Other current liabilities consist of the following as of December 31:

(in thousands)	2012		2011
Deferred revenue	$	2,482	$	4,581
Facility closure cost accrual, current portion	138		131
Collections due to clients	447		768
Book overdrafts	5,229		3,501
Other	2,127		958
Total	$	10,423	$	9,939

Facility Closure Costs

During 2009, we accrued facility closure costs (included in other current and other non-current liabilities in the balance sheet and in selling, general and administrative expenses in the statement of operations), all recorded in our Financial Services segment, primarily consisting of lease exit costs (expected to be paid through 2014) and severance (paid in 2009 and 2010) for the closure of two facilities.

The following table summarizes the activity for lease exit costs for the years ended December 31, 2012 and 2011:

(in thousands)	Total
Balance, January 1, 2011	$	672
Payments	(217		)
Balance, December 31, 2011	455
Less: long-term portion	(324		)
Facility closure cost accrual, current portion	$	131
Balance, December 31, 2011	$	455
Payments	(161		)
Balance, December 31, 2012	294
Less: long-term portion	(156		)
Facility closure cost accrual, current portion	$	138

We do not expect significant additional costs related to the closure of these facilities.