Accounts Payable, Accrued Expenses and Other Current Liabilities

12 Months Ended

Dec. 31, 2011

Accounts Payable, Accrued Expenses and Other Current Liabilities [Abstract]

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

11. ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accounts Payable and Accrued Expenses consist of the following:

		September 30,		September 30,
	December 31,
(in thousands)	2011		2010
Accounts Payable	$	2,974	$	5,960
Accrued Expenses—General		18,485		11,189
Accrued Salaries and Benefits		14,575		12,010
Income Taxes Payable		6,419		3,807
Payable to Ocwen		2,414		2,418
Total	$	44,867	$	35,384

Other Current Liabilities consist of the following:

		September 30,		September 30,
	December 31,
(in thousands)	2011		2010
Deferred Revenue	$	4,581	$	2,542
Facility Closure Cost Accrual, Current Portion		131		253
Collections Due to Clients		768		726
Other		4,459		2,095
Total	$	9,939	$	5,616

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) primarily consisting of lease exit costs (expected to be paid through 2014) and severance for the closure of two facilities. The following table summarizes the activity for severance and other charges, all recorded in our Financial Services segment, for the years ended December 31, 2011 and 2010:

		September 30,
(in thousands)	Total
Balance, January 1, 2010	$	916
Payments		(244	)
Balance, December 31, 2010		672
Less: Long-term Portion		(419	)
Facility Closure Cost Accrual, Current Portion	$	253
Balance, December 31, 2010	$	672
Payments		(217	)
Balance, December 31, 2011		455
Less: Long-term Portion		(324	)
Facility Closure Cost Accrual, Current Portion	$	131

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