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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 176,589 $ 130,429
Accounts receivable, net 159,965 104,787 [1]
Prepaid expenses and other current assets 17,454 10,891 [2]
Deferred tax assets, net 2,837 2,837
Total current assets 356,845 248,944
Premises and equipment, net 115,773 87,252
Deferred tax assets, net 158 622
Goodwill 72,384 99,414
Intangible assets, net 250,315 276,162
Other assets 21,117 17,658 [3]
Total assets 816,592 730,052
Current liabilities:    
Accounts payable and accrued expenses 99,598 84,706 [4]
Current portion of long-term debt 5,945 3,975
Deferred revenue 13,504 36,742
Other current liabilities 9,683 10,131
Total current liabilities 128,730 135,554
Long-term debt, less current portion 584,028 391,281
Other non-current liabilities 14,572 45,476
Commitments, contingencies and regulatory matters (Note 18)      
Equity:    
Common stock ($1.00 par value; 100,000 shares authorized; 25,413 issued and 20,747 outstanding as of September 30, 2014; 25,413 issued and 22,629 outstanding as of December 31, 2013) 25,413 25,413
Additional paid-in capital 90,911 89,273
Retained earnings 369,952 239,561
Treasury stock, at cost (4,666 shares as of September 30, 2014 and 2,784 shares as of December 31, 2013) (398,217) (197,548)
Altisource equity 88,059 156,699
Non-controlling interests 1,203 1,042
Total equity 89,262 157,741
Total liabilities and equity $ 816,592 $ 730,052
[1] has been revised to reflect a purchase accounting measurement period adjustment related to the Equator acquisition. See Note 3.
[2] December 31, 2013 prepaid expenses and other current assets have been revised to reflect a purchase accounting measurement period adjustment related to the Equator acquisition. See Note 3.
[3] December 31, 2013 security deposits, net and other assets have been revised to reflect a purchase accounting measurement period adjustment related to the Equator acquisition. See Note 3.
[4] December 31, 2013 payables have been revised to reflect purchase accounting measurement period adjustments related to the Homeward and Equator acquisitions. See Note 3.