ACCOUNTS RECEIVABLE, NET

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consists of the following:

(in thousands)	March 31, 2015			December 31, 2014
Billed
Non-related parties	$	40,419		$	37,576
Ocwen	38,824			22,831
HLSS	91			86
AAMC	116			129
Residential	7,274			11,320
Other receivables	1,661			1,590
	88,385			73,532
Unbilled
Non-related parties	50,389			46,775
Ocwen	10,777			14,551
HLSS	450			—
	150,001			134,858
Less: allowance for doubtful accounts	(23,285		)	(22,675		)
Total	$	126,716		$	112,183

Unbilled receivables consist primarily of asset management and default management services for which we recognize revenues over the service delivery period but bill following completion of the service. We also include in unbilled receivables amounts that are earned during a month and billed in the following month.