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SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
 
For the year ended December 31, 2017
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
793,684

 
$
89,787

 
$
58,742

 
$
942,213

Cost of revenue
 
545,507

 
96,967

 
57,391

 
699,865

Gross profit (loss)
 
248,177

 
(7,180
)
 
1,351

 
242,348

Selling, general and administrative expenses
 
114,215

 
18,718

 
59,709

 
192,642

Income (loss) from operations
 
133,962

 
(25,898
)
 
(58,358
)
 
49,706

Total other income (expense), net
 
72

 
(4
)
 
(14,399
)
 
(14,331
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and non-controlling interests
 
$
134,034

 
$
(25,902
)
 
$
(72,757
)
 
$
35,375

 
 
For the year ended December 31, 2016
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
827,324

 
$
86,590

 
$
83,389

 
$
997,303

Cost of revenue
 
546,540

 
64,566

 
78,939

 
690,045

Gross profit
 
280,784

 
22,024

 
4,450

 
307,258

Selling, general and administrative expenses
 
121,508

 
23,291

 
69,356

 
214,155

Litigation settlement loss, net of $4,000 insurance recovery
 
—

 
—

 
28,000

 
28,000

Income (loss) from operations
 
159,276

 
(1,267
)
 
(92,906
)
 
65,103

Total other income (expense), net
 
154

 
(5
)
 
(20,931
)
 
(20,782
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and non-controlling interests
 
$
159,430

 
$
(1,272
)
 
$
(113,837
)
 
$
44,321

 
 
For the year ended December 31, 2015
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Revenue
 
$
885,174

 
$
54,199

 
$
112,093

 
$
1,051,466

Cost of revenue
 
552,676

 
38,541

 
96,110

 
687,327

Gross profit
 
332,498

 
15,658

 
15,983

 
364,139

Selling, general and administrative expenses
 
132,334

 
7,514

 
81,020

 
220,868

Impairment losses
 
64,146

 
—

 
7,639

 
71,785

Change in the fair value of Equator Earn Out
 
(7,591
)
 
—

 
—

 
(7,591
)
Income (loss) from operations
 
143,609

 
8,144

 
(72,676
)
 
79,077

Total other income (expense), net
 
621

 
2

 
(26,640
)
 
(26,017
)
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and non-controlling interests
 
$
144,230

 
$
8,146

 
$
(99,316
)
 
$
53,060

(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Consolidated Altisource
 
 
 
 
 
 
 
 
 
Total assets:
 
 
 
 
 
 
 
 
December 31, 2017
 
$
304,346

 
$
64,624

 
$
496,194

 
$
865,164

December 31, 2016
 
347,067

 
47,863

 
294,282

 
689,212
Schedule of premises and equipment, net by country
Our services are primarily provided to customers located in the United States. Premises and equipment, net consist of the following, by country, as of December 31:
(in thousands)
 
2017
 
2016
 
 
 
 
 
United States
 
$
46,268

 
$
71,418

India
 
8,136

 
14,006

Luxembourg
 
16,688

 
14,791

Philippines
 
2,038

 
3,027

Uruguay
 
143

 
231

 
 
 
 
 
Total
 
$
73,273

 
$
103,473