XML 94 R80.htm IDEA: XBRL DOCUMENT v3.6.0.2
SHAREHOLDERS' EQUITY AND SHARE-BASED COMPENSATION (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
May 18, 2016
$ / shares
shares
Oct. 09, 2015
USD ($)
shares
Jul. 17, 2015
USD ($)
shares
Dec. 31, 2016
USD ($)
multiplier
component
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Common Stock [Abstract]                
Common stock, shares authorized       25,413,000 25,413,000      
Common stock, shares issued       25,413,000 25,413,000      
Common stock, shares outstanding       18,774,000 19,021,000      
Common stock voting rights per share | $ / shares       $ 1        
Value of common stock paid at acquisition | $       $ 0 $ 21,733 $ 0    
Equity Incentive Plan [Abstract]                
Maximum number of Altisource share-based awards that can be granted under the Plan (in shares)       6,700,000        
Share-based awards available for future grants under the Plan (in shares)       1,500,000        
Share-Based Compensation [Abstract]                
Share-based compensation expense (in dollars) | $       $ 6,200 $ 4,800 $ 2,200    
Estimated unrecognized compensation costs (in dollars) | $       $ 6,200        
Weighted average remaining requisite service period for stock options over which unrecognized compensation costs would be recognized       2 years 1 month 17 days        
Outstanding (in shares)       1,996,509 3,163,125      
Stock options granted, approximate (in shares)       144,654 900,000 100,000    
Weighted average exercise price of stock options granted (in dollars per share) | $ / shares       $ 29.17 $ 24.21 $ 84.61    
Assumptions used to determine the fair value of options as of the grant date                
Fair value (in dollars per share) | $ / shares       16.82 13.20 26.92    
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised                
Weighted average fair value at grant date per share (in dollars per share) | $ / shares       $ 16.82 $ 13.20 $ 26.92    
Intrinsic value of options exercised (in dollars) | $       $ 18,209 $ 1,998 $ 10,250    
Grant date fair value of options vested during the period (in dollars) | $       $ 2,698 $ 1,616 $ 2,641    
Black-Scholes                
Assumptions used to determine the fair value of options as of the grant date                
Risk-free interest rate, minimum (as a percent)       1.25% 1.50% 1.80%    
Risk-free interest rate, maximum (as a percent)       1.89% 1.91% 1.91%    
Expected stock price volatility, minimum (as a percent)       59.75% 55.06% 37.57%    
Expected stock price volatility, maximum (as a percent)       62.14% 59.73% 45.15%    
Expected option life           6 years 3 months    
Binomial Lattice Model [Member]                
Assumptions used to determine the fair value of options as of the grant date                
Risk-free interest rate, minimum (as a percent)       0.23% 0.02% 0.01%    
Risk-free interest rate, maximum (as a percent)       2.23% 2.34% 2.49%    
Expected stock price volatility, minimum (as a percent)       59.76% 55.06% 38.38%    
Expected stock price volatility, maximum (as a percent)       62.14% 59.73% 45.15%    
Minimum                
Share-Based Compensation [Abstract]                
Vesting period       1 year        
Share based compensation arrangement by share based payment award estimated forfeiture rate       0.00%        
Minimum | Black-Scholes                
Assumptions used to determine the fair value of options as of the grant date                
Fair value (in dollars per share) | $ / shares       $ 11.15 $ 10.01 $ 15.54    
Expected option life       6 years 6 years      
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised                
Weighted average fair value at grant date per share (in dollars per share) | $ / shares       $ 11.15 $ 10.01 15.54    
Minimum | Binomial Lattice Model [Member]                
Assumptions used to determine the fair value of options as of the grant date                
Fair value (in dollars per share) | $ / shares       $ 11.06 $ 9.91 $ 12.66    
Expected option life       4 years 22 days 4 years 29 days 4 years 4 months 10 days    
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised                
Weighted average fair value at grant date per share (in dollars per share) | $ / shares       $ 11.06 $ 9.91 $ 12.66    
Maximum                
Share-Based Compensation [Abstract]                
Vesting period       4 years        
Share based compensation arrangement by share based payment award estimated forfeiture rate       40.00%        
Maximum | Black-Scholes                
Assumptions used to determine the fair value of options as of the grant date                
Fair value (in dollars per share) | $ / shares       $ 18.60 $ 17.66 41.79    
Expected option life       6 years 3 months 6 years 3 months      
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised                
Weighted average fair value at grant date per share (in dollars per share) | $ / shares       $ 18.60 $ 17.66 41.79    
Maximum | Binomial Lattice Model [Member]                
Assumptions used to determine the fair value of options as of the grant date                
Fair value (in dollars per share) | $ / shares       $ 19.27 $ 18.05 $ 33.62    
Expected option life       4 years 10 months 17 days 4 years 11 months 1 day 5 years 9 months 29 days    
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised                
Weighted average fair value at grant date per share (in dollars per share) | $ / shares       $ 19.27 $ 18.05 $ 33.62    
Employee and non employee stock option | Vesting Based on Service                
Share-Based Compensation [Abstract]                
Vesting period       4 years        
Outstanding (in shares)       900,000        
Employee and non employee stock option | Vesting Based on Service | Minimum                
Share-Based Compensation [Abstract]                
Vesting period       3 years        
Employee and non employee stock option | Vesting Based on Service | Maximum                
Share-Based Compensation [Abstract]                
Expiration term       10 years        
Employee and non employee stock option | Market-Based                
Share-Based Compensation [Abstract]                
Outstanding (in shares)       1,000,000        
Number of components of an award | component       2        
Employee and non employee stock option | Market-Based, ordinary performance                
Share-Based Compensation [Abstract]                
Market-based options subject to specified performance achievement (as a percent)       0.67        
Multiplier of stock price over exercise price as a condition for the award to vest | multiplier       2        
Employee and non employee stock option | Market-Based, ordinary performance | Minimum                
Share-Based Compensation [Abstract]                
Percentage of compounded annual gain of stock price over exercise price required for the award to vest       20.00%        
Employee and non employee stock option | Market-Based, extraordinary performance                
Share-Based Compensation [Abstract]                
Market-based options subject to specified performance achievement (as a percent)       0.33        
Multiplier of stock price over exercise price as a condition for the award to vest | multiplier       3        
Employee and non employee stock option | Market-Based, extraordinary performance | Minimum                
Share-Based Compensation [Abstract]                
Percentage of compounded annual gain of stock price over exercise price required for the award to vest       25.00%        
Employee and non employee stock option | Performance-Based                
Share-Based Compensation [Abstract]                
Outstanding (in shares)       100,000        
Vesting percentage for awards that vest upon achievement of certain criteria       25.00%        
Cumulative vesting percentage for awards that vest in equal annual installments       75.00%        
Employee and non employee stock option | Performance-Based | Minimum                
Share-Based Compensation [Abstract]                
Vesting period       10 years        
Stock Repurchase Program, Current                
Stock Repurchase Plan [Abstract]                
Number of shares of common stock authorized to be purchased 4,600,000              
Percentage of outstanding shares authorized to be repurchased 25.00%              
Minimum purchase price authorized (in dollars per share) | $ / shares $ 1.00              
Maximum purchase price authorized (in dollars per share) | $ / shares $ 500.00              
Stock Repurchase Programs                
Stock Repurchase Plan [Abstract]                
Number of shares of common stock purchased       1,400,000 2,100,000 2,500,000    
Average purchase price per share (in dollars per share) | $ / shares       $ 26.81 $ 27.60 $ 103.67    
Remaining number of shares available for repurchase under the plan       3,900,000        
Capacity available to repurchase common stock under senior secured term loan (in dollars) | $       $ 395,000        
RentRange, Investability and Onit Solutions                
Common Stock [Abstract]                
Purchase price | $             $ 24,584  
Value of common stock paid at acquisition | $   $ 7,300            
Contingent consideration arrangements, payment period   4 years            
Number of shares exchanged for acquisition, no longer restricted       55,000        
RentRange, Investability and Onit Solutions | Restricted Stock Units (RSUs)                
Common Stock [Abstract]                
Number of shares exchanged for acquisition   247,000            
Value of common stock paid at acquisition | $   $ 7,300            
CastleLine                
Common Stock [Abstract]                
Purchase price | $               $ 33,443
Number of shares exchanged for acquisition     495,000          
Value of common stock paid at acquisition | $     $ 14,400          
Contingent consideration arrangements, payment period     4 years          
Initial purchase price allocation | RentRange, Investability and Onit Solutions                
Common Stock [Abstract]                
Purchase price | $   $ 24,792            
Initial purchase price allocation | CastleLine                
Common Stock [Abstract]                
Purchase price | $     $ 33,443