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REVENUE
 6 Months Ended
Jun. 30, 2023
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. 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. The Lenders One members’ earnings are included in revenue and reduced from net income to arrive at net income attributable to Altisource (see Note 1). Our services are 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)2023202220232022
Service revenue$33,173 $37,638 $70,244 $75,401 
Reimbursable expenses2,049 2,609 4,359 4,201 
Non-controlling interests13 174 93 335 
Total$35,235 $40,421 $74,696 $79,937 
Disaggregation of Revenue
Disaggregation of total revenues by segment and major source was as follows:
Three months ended June 30, 2023
(in thousands)Revenue recognized when services are performed or assets are soldRevenue related to technology platforms and professional servicesReimbursable expenses revenueTotal revenue
Servicer and Real Estate$22,538 $2,380 $1,930 $26,848 
Origination8,262 6 119 8,387 
Total revenue$30,800 $2,386 $2,049 $35,235 
Three months ended June 30, 2022
(in thousands)Revenue recognized when services are performed or assets are soldRevenue related to technology platforms and professional servicesReimbursable expenses revenueTotal revenue
Servicer and Real Estate$26,901 $2,523 $2,523 $31,947 
Origination8,382 6 86 8,474 
Total revenue$35,283 $2,529 $2,609 $40,421 
Six months ended June 30, 2023
(in thousands)Revenue recognized when services are performed or assets are soldRevenue related to technology platforms and professional servicesReimbursable expenses revenueTotal revenue
Servicer and Real Estate$49,091 $5,588 $4,114 $58,793 
Origination15,644 14 245 15,903 
Total revenue$64,735 $5,602 $4,359 $74,696 
Six months ended June 30, 2022
(in thousands)Revenue recognized when services are performed or assets are soldRevenue related to technology platforms and professional servicesReimbursable expenses revenueTotal revenue
Servicer and Real Estate$51,560 $5,021 $3,902 $60,483 
Origination19,141 14 299 19,454 
Total revenue$70,701 $5,035 $4,201 $79,937 
Contract Balances
Our contract assets consist of unbilled accounts receivable (see Note 3). Our contract liabilities consist of current deferred revenue and other non-current liabilities as reported on the accompanying condensed consolidated balance sheets. Revenue recognized that was included in the contract liability at the beginning of the period was $2.8 million and $2.9 million for the six months ended June 30, 2023 and 2022, respectively ($0.9 million and $1.2 million for the second quarter of 2023 and 2022, respectively).