ACCOUNTS RECEIVABLE, NET

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consists of the following:

(in thousands)	September 30, 2016			December 31, 2015
Billed	$	63,066		$	67,021
Unbilled	48,288			56,458
	111,354			123,479
Less: allowance for doubtful accounts	(9,774		)	(18,456		)
Total	$	101,580		$	105,023

Unbilled receivables consist primarily of certain asset management and default management services for which we generally recognize revenues over the service delivery period but bill following completion of the service. We also include amounts in unbilled receivables that are earned during a month and billed in the following month.