XML 41 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
NOTE 10 RECEIVABLES (Tables)
9 Months Ended
Sep. 30, 2013
Receivables [Abstract]  
Schedule of receivables
    Receivables     Allowance for
Losses
    Net  
September 30, 2013                        
Servicing (1)   $ 155,076     $ (19,413 )   $ 135,663  
Due from related parties (2)     35,383             35,383  
Income taxes receivable     23,955             23,955  
Other     30,372       (1,969 )     28,403  
    $ 244,786     $ (21,382 )   $ 223,404  
                         
December 31, 2012                        
Servicing (1)   $ 84,870     $ (1,647 )   $ 83,223  
Income taxes receivable     25,546             25,546  
Due from related parties (2)     12,361             12,361  
Other     18,577       (1,994 )     16,583  
    $ 141,354     $ (3,641 )   $ 137,713  
(1) The receivable balances arise from our Servicing business and include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees. The balances at September 30, 2013 also include $67.4 million of receivables and $16.2 million of allowance for losses related to defaulted FHA or VA insured loans repurchased from Ginnie Mae guaranteed securitizations.
(2) See Note 23 – Related Party Transactions for additional information regarding transactions with Altisource and HLSS.