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RESTRUCTURING CHARGES
9 Months Ended
Sep. 30, 2018
Restructuring Charges [Abstract]  
RESTRUCTURING CHARGES
RESTRUCTURING CHARGES
In August 2018, Altisource initiated Project Catalyst, a restructuring plan intended to optimize our operations and reduce costs to better align our cost structure with our anticipated revenues and improve our operating margins. During the three months ended September 30, 2018, we incurred $3.4 million of severance costs and professional services fees related to the restructuring plan. We expect to incur additional severance costs, facility shut-down costs and professional services fees through 2019 in connection with this restructuring and will expense those costs as incurred. Based on our preliminary analysis, we currently anticipate the future costs relating to the restructuring plan to be in the range of approximately $25 million to $35 million. We currently anticipate annual run-rate operating expense reductions in the range of approximately $65 million to $90 million following completion of the restructuring plan; however, this range could materially change based on business and/or other factors.