XML 122 R20.htm IDEA: XBRL DOCUMENT
v2.4.0.6

NOTE 10 RECEIVABLE | 3 Months Ended
--- | ---
Mar. 31, 2013
Receivables [Abstract] |
RECEIVABLES |
| Note 10 | Receivables
Receivables consisted of the following:
March 31, 2013 |  | Receivables |  |  | Allowance for Losses |  |  | Net |
Servicing (1) |  | $ | 74,820 |  |  | $ | (2,024 | ) |  | $ | 72,796 |
Income taxes receivable |  |  | 52,593 |  |  |  | — |  |  |  | 52,593 |
Due from related parties (2) |  |  | 28,048 |  |  |  | — |  |  |  | 28,048 |
Other |  |  | 4,117 |  |  |  | (1,996 | ) |  |  | 2,121 |
|  | $ | 159,578 |  |  | $ | (4,020 | ) |  | $ | 155,558 |
December 31, 2012 |  | Receivables |  |  | Allowance for Losses |  |  | Net |
Servicing (1) |  | $ | 84,870 |  |  | $ | (1,647 | ) |  | $ | 83,223 |
Income taxes receivable |  |  | 55,292 |  |  |  | — |  |  |  | 55,292 |
Due from related parties (2) |  |  | 12,361 |  |  |  | — |  |  |  | 12,361 |
Other |  |  | 18,577 |  |  |  | (1,994 | ) |  |  | 16,583 |
|  | $ | 171,100 |  |  | $ | (3,641 | ) |  | $ | 167,459 |
| (1) | The balances arise from our Servicing business and primarily include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees.
| (2) | See Note 22 – Related Party Transactions for additional information regarding transactions with Altisource and HLSS.
Receivable balances are evaluated individually for collectibility. The change in the allowance for credit losses for the three months ended March 31, 2013 and 2012 and the balance of the related receivables at those dates were as follows:
|  | March 31, 2013 |  |  | March 31, 2012 |
Allowance for credit losses balance at beginning of the period |  | $ | 1,994 |  |  | $ | 6,281 |
Charge offs |  |  | — |  |  |  | — |
Provision |  |  | — |  |  |  | 455 |
Other |  |  | 2 |  |  |  | (19 | )
Allowance for credit losses balance at end of the period |  | $ | 1,996 |  |  | $ | 6,717 |
Receivables balance |  | $ | 4,117 |  |  | $ | 8,416

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5162-111524 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 13 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5066-111524 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration