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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of basic and diluted EPS calculation
Basic and diluted EPS are calculated as follows for the years ended December 31:
(in thousands, except per share data)
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
Net income attributable to Altisource
 
$
41,598

 
$
134,484

 
$
129,973

 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
19,504

 
21,625

 
23,072

Dilutive effect of stock options and restricted shares
 
1,115

 
2,009

 
1,981

 
 
 
 
 
 
 
Weighted average common shares outstanding, diluted
 
20,619

 
23,634

 
25,053

 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
Basic
 
$
2.13

 
$
6.22

 
$
5.63

 
 
 
 
 
 
 
Diluted
 
$
2.02

 
$
5.69

 
$
5.19