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ACCOUNTS RECEIVABLE, NET
3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
ACCOUNTS RECEIVABLE, NET
ACCOUNTS RECEIVABLE, NET
 
Accounts receivable, net consists of the following:
(in thousands)
 
March 31,
2016
 
December 31,
2015
 
 
 
 
 
Billed
 
$
63,950

 
$
67,021

Unbilled
 
53,026

 
56,458

 
 
116,976

 
123,479

Less: allowance for doubtful accounts
 
(19,331
)
 
(18,456
)
 
 
 
 
 
Total
 
$
97,645

 
$
105,023



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.