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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
[1],[2]
Jun. 30, 2017
[1],[2]
Mar. 31, 2017
[1],[2]
Dec. 31, 2016
Sep. 30, 2016
[2],[3],[4]
Jun. 30, 2016
[2],[3],[4]
Mar. 31, 2016
[2],[3],[4]
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating loss carryforwards $ 1,339,600       $ 17,300       $ 1,339,600 $ 17,300  
Deferred tax assets, net 303,707       7,292       303,707 7,292  
Income tax expense, adjustment of deferred tax asset                 6,300    
Income tax expense, foreign income tax reserves                 10,500    
Accrued litigation settlement 0       32,000       0 32,000  
Litigation settlement insurance recovery 0       4,000       0 4,000  
Revenue 216,066 [1],[2] $ 234,979 $ 250,685 $ 240,483 238,627 [2],[3],[4] $ 252,745 $ 255,799 $ 250,132 942,213 997,303 $ 1,051,466
Gross profit 54,445 [1],[2] 60,081 65,292 62,530 65,818 [2],[3],[4] 78,743 81,428 81,269 242,348 307,258 364,139
Income before income taxes and non-controlling interests 3,112 [1],[2] 10,357 12,160 9,746 (19,537) [2],[3],[4] 18,796 23,977 21,085 35,375 44,321 53,060
Net income 286,983 [1],[2] 7,766 9,722 7,160 (19,664) [2],[3],[4] 11,472 20,686 18,892 311,631 31,386 44,800
Net income attributable to Altisource $ 286,350 [1],[2] $ 6,961 $ 9,035 $ 6,545 $ (20,384) [2],[3],[4] $ 10,589 $ 19,994 $ 18,494 $ 308,891 $ 28,693 $ 41,598
Earnings per share:                      
Basic (in dollars per share) $ 16.16 [1],[2] $ 0.39 $ 0.49 $ 0.35 $ (1.08) [2],[3],[4] $ 0.57 $ 1.08 $ 0.98 $ 16.99 $ 1.53 $ 2.13
Diluted (in dollars per share) $ 15.72 [1],[2] $ 0.38 $ 0.48 $ 0.34 $ (1.08) [2],[3],[4] $ 0.54 $ 1.02 $ 0.92 $ 16.53 $ 1.46 $ 2.02
Weighted average shares outstanding:                      
Basic (in shares) 17,724 [1],[2] 18,023 18,335 18,662 18,788 [2],[3],[4] 18,715 18,437 18,855 18,183 18,696 19,504
Diluted (in shares) 18,211 [1],[2] 18,429 18,836 19,304 18,788 [2],[3],[4] 19,568 19,604 20,040 18,692 19,612 20,619
2017 Subsidiary Merger                      
Operating loss carryforwards $ 1,300,000               $ 1,300,000    
Deferred tax assets, net $ 300,900               $ 300,900    
Operating loss carryforwards, term                 17 years    
[1] On December 27, 2017, two of the Company’s wholly-owned subsidiaries, Altisource Solutions S.à r.l. and Altisource Holdings S.à r.l., merged, with Altisource Holdings S.à r.l. as the surviving entity. Altisource Holdings S.à r.l. was subsequently renamed Altisource S.à r.l. The merger is part of a larger subsidiary restructuring plan designed to simplify the Company’s corporate structure, allow it to operate more efficiently and reduce administrative costs. For Luxembourg tax purposes, the merger was recognized at fair value and generated an NOL of $1.3 billion and a deferred tax asset, net of valuation allowance, of $300.9 million as of December 31, 2017. The NOL has a 17 year life. This deferred tax asset was partially offset by the impact of other changes in U.S. and Luxembourg income tax rates of $6.3 million and an increase in certain foreign income tax reserves (and related interest) of $10.5 million. See Note 21.
[2] The sum of quarterly amounts, including per share amounts, may not equal amounts reported for year-to-date periods. This is due to the effects of rounding and changes in the number of weighted average shares outstanding for each period.
[3] During the fourth quarter of 2016, Altisource recorded a litigation settlement loss of $32.0 million in connection with a litigation matter. Also during the fourth quarter of 2016, Altisource recorded an insurance recovery related to this litigation settlement of $4.0 million. See Note 19.
[4] We acquired Granite on July 29, 2016. See Note 5.