XML 49 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
RESTRUCTURING CHARGES
12 Months Ended
Dec. 31, 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 year ended December 31, 2018, we incurred $11.6 million of severance costs, professional services fees and facility shut-down costs related to the restructuring plan. We expect to incur additional severance 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.