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ACCOUNTS RECEIVABLE, NET
3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
ACCOUNTS RECEIVABLE, NET
ACCOUNTS RECEIVABLE, NET
Accounts receivable, net consists of the following:
(in thousands)
 
March 31,
2019
 
December 31,
2018
 
 
 
 
 
Billed
 
$
27,968

 
$
35,590

Unbilled
 
10,780

 
11,759


 
38,748

 
47,349

Less: Allowance for doubtful accounts
 
(10,114
)
 
(10,883
)
 
 
 
 
 
Total
 
$
28,634

 
$
36,466


Unbilled accounts receivable consist primarily of certain real estate asset management, REO sales, title and closing services for which we generally recognize revenue when the service is provided but collect upon closing of the sale, and foreclosure trustee services, for which we generally recognize revenues over the service delivery period but bill following completion of the service. We also include amounts in unbilled accounts receivable that are earned during a month and billed in the following month.