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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
 
Three months ended June 30, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
210,195

 
$
25,130

 
$
15,360

 
$
250,685

Cost of revenue
 
144,326

 
26,844

 
14,223

 
185,393

Gross profit (loss)
 
65,869

 
(1,714
)
 
1,137

 
65,292

Selling, general and administrative expenses
 
29,805

 
5,551

 
17,114

 
52,470

Income (loss) from operations
 
36,064

 
(7,265
)
 
(15,977
)
 
12,822

Total other income (expense), net
 
102

 

 
(764
)
 
(662
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
36,166

 
$
(7,265
)
 
$
(16,741
)
 
$
12,160

 
 
Three months ended June 30, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
211,300

 
$
24,804

 
$
19,695

 
$
255,799

Cost of revenue
 
135,723

 
16,854

 
21,794

 
174,371

Gross profit (loss)
 
75,577

 
7,950

 
(2,099
)
 
81,428

Selling, general and administrative expenses
 
31,141

 
5,620

 
17,446

 
54,207

Income (loss) from operations
 
44,436

 
2,330

 
(19,545
)
 
27,221

Total other income (expense), net
 
74

 
4

 
(3,322
)
 
(3,244
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
44,510

 
$
2,334

 
$
(22,867
)
 
$
23,977

 
 
Six months ended June 30, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
414,918

 
$
45,193

 
$
31,057

 
$
491,168

Cost of revenue
 
284,476

 
48,987

 
29,883

 
363,346

Gross profit (loss)
 
130,442

 
(3,794
)
 
1,174

 
127,822

Selling, general and administrative expenses
 
58,487

 
9,876

 
31,808

 
100,171

Income (loss) from operations
 
71,955

 
(13,670
)
 
(30,634
)
 
27,651

Total other income (expense), net
 
112

 

 
(5,857
)
 
(5,745
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
72,067

 
$
(13,670
)
 
$
(36,491
)
 
$
21,906

 
 
Six months ended June 30, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
414,701

 
$
48,713

 
$
42,517

 
$
505,931

Cost of revenue
 
269,766

 
31,312

 
42,156

 
343,234

Gross profit
 
144,935

 
17,401

 
361

 
162,697

Selling, general and administrative expenses
 
60,595

 
11,794

 
35,434

 
107,823

Income (loss) from operations
 
84,340

 
5,607

 
(35,073
)
 
54,874

Total other income (expense), net
 
134

 

 
(9,946
)
 
(9,812
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
84,474

 
$
5,607

 
$
(45,019
)
 
$
45,062

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

 
 

 
 

 
 

June 30, 2017
 
$
308,501

 
$
43,370

 
$
264,757

 
$
616,628

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)
 
June 30,
2017
 
December 31,
2016
 
 
 
 
 
United States
 
$
57,030

 
$
71,418

India
 
10,743

 
14,006

Luxembourg
 
16,793

 
14,791

Philippines
 
2,299

 
3,027

Uruguay
 
195

 
231

 
 
 
 
 
Total
 
$
87,060

 
$
103,473