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REVENUE
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
REVENUE
REVENUE
We classify revenue in three categories: service revenue, revenue from reimbursable expenses and non-controlling interests. Service revenue consists of amounts attributable to our fee-based services and sales of short-term investments in real estate. Reimbursable expenses and non-controlling interests are pass-through items for which we earn no margin. Reimbursable expenses consist of amounts we incur on behalf of our customers in performing our fee-based services that we pass directly on to our customers without a markup. Non-controlling interests represent the earnings of Lenders One, a consolidated entity that is a mortgage cooperative managed, but not owned, by Altisource. Lenders One is included in revenue and reduced from net income to arrive at net income attributable to Altisource (see Note 1). Our services are primarily provided to customers located in the United States. The components of revenue were as follows:
 
 
Three months ended
 June 30,
 
Six months ended
 June 30,
(in thousands)
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
Service revenue
 
$
190,520

 
$
208,861

 
$
355,519

 
$
397,627

Reimbursable expenses
 
4,775

 
9,008

 
9,271

 
17,155

Non-controlling interests
 
1,240

 
687

 
1,680

 
1,212

 
 
 
 
 
 
 
 
 
Total
 
$
196,535

 
$
218,556

 
$
366,470

 
$
415,994


Disaggregation of Revenue
Disaggregation of total revenues by major source is as follows:
(in thousands)
 
Revenue recognized when services are performed or assets are sold
 
Revenue related to technology platforms and professional services
 
Reimbursable expenses revenue
 
Total revenue
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2019
 
$
178,949

 
$
12,811

 
$
4,775

 
$
196,535

Three months ended June 30, 2018
 
187,206

 
22,342

 
9,008

 
218,556

 
 
 
 
 
 
 
 
 
Six months ended June 30, 2019
 
326,704

 
30,495

 
9,271

 
366,470

Six months ended June 30, 2018
 
354,162

 
44,677

 
17,155

 
415,994

Contract Balances
Our contract assets consist of unbilled accounts receivable (see Note 5). Our contract liabilities consist of current deferred revenue as reported on the accompanying condensed consolidated balance sheets and non-current deferred revenue (see Note 13). Revenue recognized that was included in the contract liability at the beginning of the period, including amounts added to the contract liability as part of the cumulative effect of adopting Topic 606, was $8.6 million and $11.3 million for the six months ended June 30, 2019 and 2018, respectively ($3.7 million and $5.4 million for the second quarter of 2019 and 2018, respectively).