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SEPARATION OF RESIDENTIAL ASSET BUSINESSES (Tables)
12 Months Ended
Dec. 31, 2014
SEPARATION OF RESIDENTIAL ASSET BUSINESSES  
Schedule of carrying value of the net assets transferred
The carrying value of the net assets transferred by Altisource was as follows:
(in thousands)
 
Residential
 
AAMC
 
Total
 
 
 
 
 
 
 
Cash
 
$
100,000

 
$
5,000

 
$
105,000

 
 
 
 
 
 
 
Reduction in Altisource retained earnings
 
$
100,000

 
$
5,000

 
$
105,000