Note 10 — Receivables

Receivables consisted of the following at the dates indicated:



	Receivables		Allowance for Losses			Net
March 31, 2014
Servicing (1)	$	175,029	$	(23,291	)	$	151,738
Due from related parties (2)	11,217		—			11,217
Other (3)	19,872		(103		)	19,769
	$	206,118	$	(23,394	)	$	182,724

December 31, 2013
Servicing (1)	$	124,537	$	(17,419	)	$	107,118
Income taxes receivable	6,369		—			6,369
Due from related parties (2)	14,553		—			14,553
Other (3)	24,579		(103		)	24,476
	$	170,038	$	(17,522	)	$	152,516

(1)

The balances at March 31, 2014 and December 31, 2013 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. The balances at March 31, 2014 and December 31, 2013 include $59.8 million and $54.0 million of receivables and $16.4 million and $14.0 million of allowances for losses, respectively, related to defaulted FHA or VA insured loans repurchased from Ginnie Mae guaranteed securitizations.


(2)	See Note 19 — Related Party Transactions for additional information regarding transactions with Altisource and HLSS.


(3)	Includes $13.6 million related to probable losses expected to be indemnified under the terms of the Homeward merger agreement.