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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
 
Three months ended September 30, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
199,262

 
$
22,121

 
$
13,596

 
$
234,979

Cost of revenue
 
137,466

 
23,497

 
13,935

 
174,898

Gross profit (loss)
 
61,796

 
(1,376
)
 
(339
)
 
60,081

Selling, general and administrative expenses
 
28,006

 
4,208

 
14,408

 
46,622

Income (loss) from operations
 
33,790

 
(5,584
)
 
(14,747
)
 
13,459

Total other income (expense), net
 
26

 

 
(3,128
)
 
(3,102
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
33,816

 
$
(5,584
)
 
$
(17,875
)
 
$
10,357

 
 
Three months ended September 30, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
211,821

 
$
21,516

 
$
19,408

 
$
252,745

Cost of revenue
 
138,646

 
16,634

 
18,722

 
174,002

Gross profit
 
73,175

 
4,882

 
686

 
78,743

Selling, general and administrative expenses
 
29,903

 
6,961

 
17,022

 
53,886

Income (loss) from operations
 
43,272

 
(2,079
)
 
(16,336
)
 
24,857

Total other income (expense), net
 
10

 

 
(6,071
)
 
(6,061
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
43,282

 
$
(2,079
)
 
$
(22,407
)
 
$
18,796

 
 
Nine months ended September 30, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
614,180

 
$
67,314

 
$
44,653

 
$
726,147

Cost of revenue
 
421,942

 
72,484

 
43,818

 
538,244

Gross profit (loss)
 
192,238

 
(5,170
)
 
835

 
187,903

Selling, general and administrative expenses
 
86,493

 
14,084

 
46,216

 
146,793

Income (loss) from operations
 
105,745

 
(19,254
)
 
(45,381
)
 
41,110

Total other income (expense), net
 
138

 

 
(8,985
)
 
(8,847
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
105,883

 
$
(19,254
)
 
$
(54,366
)
 
$
32,263

 
 
Nine months ended September 30, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
626,522

 
$
70,229

 
$
61,925

 
$
758,676

Cost of revenue
 
408,412

 
47,946

 
60,878

 
517,236

Gross profit
 
218,110

 
22,283

 
1,047

 
241,440

Selling, general and administrative expenses
 
90,498

 
18,755

 
52,456

 
161,709

Income (loss) from operations
 
127,612

 
3,528

 
(51,409
)
 
79,731

Total other income (expense), net
 
144

 

 
(16,017
)
 
(15,873
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and
non-controlling interests
 
$
127,756

 
$
3,528

 
$
(67,426
)
 
$
63,858

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

 
 

 
 

 
 

September 30, 2017
 
$
311,423

 
$
63,067

 
$
221,911

 
$
596,401

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)
 
September 30,
2017
 
December 31,
2016
 
 
 
 
 
United States
 
$
51,900

 
$
71,418

India
 
9,657

 
14,006

Luxembourg
 
17,117

 
14,791

Philippines
 
1,981

 
3,027

Uruguay
 
168

 
231

 
 
 
 
 
Total
 
$
80,823

 
$
103,473