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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
 
Three months ended March 31, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
204,723

 
$
20,063

 
$
15,697

 
$
240,483

Cost of revenue
 
140,150

 
22,143

 
15,660

 
177,953

Gross profit (loss)
 
64,573

 
(2,080
)
 
37

 
62,530

Selling, general and administrative expenses
 
28,682

 
4,325

 
14,694

 
47,701

Income (loss) from operations
 
35,891

 
(6,405
)
 
(14,657
)
 
14,829

Total other income (expense), net
 
10

 

 
(5,093
)
 
(5,083
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and non-controlling interests
 
$
35,901

 
$
(6,405
)
 
$
(19,750
)
 
$
9,746

 
 
Three months ended March 31, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
203,401

 
$
23,909

 
$
22,822

 
$
250,132

Cost of revenue
 
134,043

 
14,458

 
20,362

 
168,863

Gross profit
 
69,358

 
9,451

 
2,460

 
81,269

Selling, general and administrative expenses
 
29,454

 
6,174

 
17,988

 
53,616

Income (loss) from operations
 
39,904

 
3,277

 
(15,528
)
 
27,653

Total other income (expense), net
 
60

 
(4
)
 
(6,624
)
 
(6,568
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and non-controlling interests
 
$
39,964

 
$
3,273

 
$
(22,152
)
 
$
21,085

(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Total assets:
 
 

 
 

 
 

 
 

March 31, 2017
 
$
336,556

 
$
45,750

 
$
271,177

 
$
653,483

December 31, 2016
 
347,067

 
47,863

 
294,282

 
689,212

Schedule of premises and equipment, net by country
Premises and equipment, net consist of the following, by country:
(in thousands)
 
March 31,
2017
 
December 31,
2016
 
 
 
 
 
United States
 
$
64,638

 
$
71,418

India
 
12,225

 
14,006

Luxembourg
 
16,252

 
14,791

Philippines
 
2,692

 
3,027

Uruguay
 
216

 
231

 
 
 
 
 
Total
 
$
96,023

 
$
103,473