ACCOUNTS RECEIVABLE, NET

9 Months Ended

Sep. 30, 2015

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consists of the following:

(in thousands)	September 30, 2015			December 31, 2014
Billed	$	93,113		$	73,532
Unbilled	57,487			61,326
	150,600			134,858
Less: allowance for doubtful accounts	(21,703		)	(22,675		)
Total	$	128,897		$	112,183

Unbilled receivables consist primarily of certain asset management and default management services for which we generally 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.