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REVENUE (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Revenue

The components of revenue were as follows:

						Three months ended June 30,												Six months ended June 30,
(in thousands)						2024						2023						2024						2023
Service revenue						$	36,863					$	33,173					$	73,754					$	70,244
Reimbursable expenses						2,223						2,049						4,760						4,359
Non-controlling interests						35						13						76						93
Total						$	39,121					$	35,235					$	78,590					$	74,696

Disaggregation of Revenue

Disaggregation of total revenue by segment and major source was as follows:

						Three months ended June 30, 2024
(in thousands)						Revenue recognized when services are performed or assets are sold						Revenue related to technology platforms and professional services						Reimbursable expenses revenue						Total revenue
Servicer and Real Estate						$	26,494					$	2,531					$	2,099					$	31,124
Origination						7,714						159						124						7,997
Total revenue						$	34,208					$	2,690					$	2,223					$	39,121
						Three months ended June 30, 2023
(in thousands)						Revenue recognized when services are performed or assets are sold						Revenue related to technology platforms and professional services						Reimbursable expenses revenue						Total revenue
Servicer and Real Estate						$	22,538					$	2,380					$	1,930					$	26,848
Origination						8,262						6						119						8,387
Total revenue						$	30,800					$	2,386					$	2,049					$	35,235
						Six months ended June 30, 2024
(in thousands)						Revenue recognized when services are performed or assets are sold						Revenue related to technology platforms and professional services						Reimbursable expenses revenue						Total revenue
Servicer and Real Estate						$	52,891					$	5,215					$	4,520					$	62,626
Origination						15,410						314						240						15,964
Total revenue						$	68,301					$	5,529					$	4,760					$	78,590
						Six months ended June 30, 2023
(in thousands)						Revenue recognized when services are performed or assets are sold						Revenue related to technology platforms and professional services						Reimbursable expenses revenue						Total revenue
Servicer and Real Estate						$	49,091					$	5,588					$	4,114					$	58,793
Origination						15,644						14						245						15,903
Total revenue						$	64,735					$	5,602					$	4,359					$	74,696

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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