reimbursable expenses and non-controlling interests are pass-through items for which we earn no margin . reimbursable expenses consist of amounts we incur on behalf of our customers in performing our fee-based services , but we pass such costs 27 directly on to our customers without any additional markup . non-controlling interests represent the earnings of lenders one , wholesale one and residential investor one , consolidated entities not owned by altisource , and are included in revenue and reduced from net income to arrive at net income attributable to altisource . we have prepared our consolidated financial statements in accordance with accounting principles generally accepted in the united states of america ( “ gaap ” ) . altisource 's vision and growth initiatives altisource provides a suite of mortgage , real estate and consumer debt services , leveraging our technology platform and global operations . altisource is focused on becoming the premier provider of real estate and mortgage marketplaces and related services to a broad and diversified customer base . within the real estate and mortgage markets , we facilitate transactions and provide products , solutions and services related to home sales , home purchases , home rentals , home maintenance , mortgage origination and mortgage servicing . strategically , we are focused on ( 1 ) our four key business initiatives , ( 2 ) continuing to strengthen our compliance management system and ( 3 ) maintaining strong performance and relationships with our strategic customers . each of our four key business initiatives position altisource to grow and diversify our customer and revenue base . we believe these initiatives address very large markets and directly leverage our core competencies and distinct competitive advantages . our four strategic growth initiatives and a brief description of each are as follows : mortgage market : 1. continue to grow our servicer solutions business ( the products , services and technologies typically used or licensed by loan servicers ) : we are focused on growing our servicer solutions business by expanding services purchased by our existing customer base and attracting new customers . even as delinquencies return to historical norms , we believe there is a very large addressable market for the services we provide , as well as a strong and increasing customer focus on regulatory compliance and operational quality . we are one of only a few service providers with a comprehensive offering of services and technologies on a national scale . we believe we are well positioned to gain market share as customers consolidate to larger , full-service vendors and continue to outsource services that have historically been performed in-house . 2. continue to grow our origination solutions business ( the products , services and technologies typically used or licensed by participants in the loan origination market ) : we are focused on building an industry leading , integrated origination services platform that provides end-to-end solutions ( products , services and technology ) to our customers . we plan to grow our origination solutions business by expanding our product offerings to our existing client base and actively adding new customers . we are leveraging our enterprise wide sales organization to offer our origination services to larger bank and non-bank originators and correspondents and plan to expand our middle market sales organization to address other prospects . we believe we are well positioned to gain market share as customers consolidate to larger full-service vendors and by offering our existing customers ( e.g . , the members of lenders one , the customers of mortgage builder and castleline and our preferred vendors and partners ) an attractive suite of products and services that meet their growing needs . real estate market : 3. continue to grow owners.com , our consumer real estate offering ( the products , services and technologies typically used by self-directed home buyers and sellers ) : owners.com provides self-directed consumers with a full suite of real estate services from which to choose . we are focused on growing owners.com by building brand awareness , driving customer engagement and increasing consumer adoption of our buy side brokerage services . with a growing segment of the population demonstrating a desire to engage in self-directed transactions , we believe owners.com is well positioned to become a market leader . 4. continue to grow our real estate investor solutions business ( the products , services and technologies typically used by participants in residential real estate investments ) : we are focused on growing our real estate investor solutions business by supporting the growth of our existing customers , expanding services purchased by our existing customer base and attracting new customers . with our national real estate brokerage operation , vendor network , property management and renovation footprint , existing customer base and growing suite of technologies , we believe we are well positioned to grow . 28 share repurchase plan on may 20 , 2015 , our shareholders approved a new share repurchase program , which replaced the previous share repurchase program . under the new program , we are authorized to purchase up to 3.0 million shares of our common stock , based on a limit of 15 % of the outstanding shares of common stock on the date of approval at a minimum price of $ 1.00 per share and a maximum price of $ 500.00 per share . this is in addition to amounts previously purchased under prior programs . story_separator_special_tag these losses are composed of an estimated $ 55.7 million impairment of goodwill , $ 11.9 million impairment of intangible assets from the 2013 homeward and rescap fee-based business acquisitions and $ 4.1 million impairment of software assets included in premises and equipment . in 2014 , as a result of the adjustment in the fair value of the equator contingent consideration described below and based on our goodwill assessment in 2014 , we determined that the equator goodwill was impaired and recorded an impairment loss of $ 37.5 million for the year ended december 31 , 2014 . we recognized gains on the change in the fair value of equator earn out liability of $ 7.6 million and $ 37.9 million for the years ended december 31 , 2015 and 2014 , respectively ( no comparative amount in 2013 ) . the liability for contingent consideration is reflected at fair value and adjusted each reporting period with the change in fair value recognized in earnings . in 2015 , we reached an agreement with the former owners of equator to extinguish any liability for the equator earn out . in connection with this settlement , we reduced the liability for the equator earn out to $ 0 and recognized a $ 7.6 million increase in earnings . during 2014 , the fair value of the contingent consideration related to the equator acquisition was reduced by $ 37.9 million with a 33 corresponding increase in earnings based on management 's revised estimates that expected earnings of equator will be lower than projected at the time of acquisition . income from operations decreased to $ 79.1 million , representing 8 % of service revenue , for the year ended december 31 , 2015 compared to $ 170.5 million , representing 18 % of service revenue , for the year ended december 31 , 2014 and $ 162.1 million , representing 24 % of service revenue , for the year ended december 31 , 2013 . the decrease in operating income margin is primarily driven by the non-cash impairment losses , lower gross profit margins and increases in sg & a , partially offset by gains on the change in fair value of equator earn out liability , as discussed above . other income ( expense ) , net other income ( expense ) , net principally includes interest expense , interest income , loss on the sale of hlss equity securities , net of dividends received , and gains on the early extinguishment of debt . interest expense for the year ended december 31 , 2015 was $ 28.2 million , an increase of $ 4.8 million compared to the year ended december 31 , 2014 , resulting from the additional $ 200.0 million senior secured term loan borrowings on august 1 , 2014 , partially offset by lower interest expense associated with the 2015 repurchases of a portion of our senior secured term loan with an aggregate par value of $ 49.0 million . interest expense for the year ended december 31 , 2014 was $ 23.4 million , an increase of $ 3.1 million compared to the year ended december 31 , 2013 , resulting from the additional $ 200.0 million senior secured term loan borrowings on august 1 , 2014 , and the additional $ 200.0 million senior secured term loan borrowings on may 7 , 2013 , partially offset by lower interest rates from the senior secured term loan refinancing on december 9 , 2013. we recognized interest income of $ 0.1 million for each of the years ended december 31 , 2015 and 2014 . additionally , we recognized interest income of $ 0.9 million for the year ended december 31 , 2013 , primarily from a $ 75.0 million loan to ocwen , which was repaid in february 2013. during 2015 , we repurchased portions of our senior secured term loan with an aggregate par value of $ 49.0 million at a weighted average discount of 10.3 % , resulting in net gains totaling $ 3.8 million on the early extinguishment of debt ( no comparative amounts for 2014 and 2013 ) . during march 2015 , we purchased 1.6 million shares of hlss common stock in the open market for $ 30.0 million . on april 6 , 2015 , hlss completed the sale of substantially all of its assets and adopted a plan of complete liquidation and dissolution . during 2015 , we received liquidating dividends and other dividends from hlss totaling $ 20.4 million and sold all of our 1.6 million shares of hlss common stock in the open market for $ 7.7 million . as a result of these transactions , we recognized a net loss of $ 1.9 million for the year ended december 31 , 2015 ( no comparative amounts for 2014 and 2013 ) in connection with our investment in hlss . income tax provision we recognized an income tax provision of $ 8.3 million , $ 10.2 million and $ 8.5 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . our effective tax rate was 15.6 % , 6.9 % and 6.0 % for the years ended december 31 , 2015 , 2014 and 2013 , respectively . the effective tax rate in all three periods differs from the luxembourg statutory tax rate of 29.2 % primarily due to the effect of certain deductions allowed in luxembourg pursuant to a tax ruling , which expires in 2019 unless extended or renewed , the mix of income and losses with varying tax rates in multiple taxing jurisdictions and the recognition of research and development tax credits . the higher 2015 effective tax rate is driven by impairment losses which resulted in a change in the jurisdictional mix of income . the impairment losses are related to assets owned by a subsidiary with a lower effective tax rate . our consolidated effective

cash flows from investing activities cash flows from investing activities included capital expenditures of $ 36.2 million , $ 64.8 million and $ 34.1 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively , primarily related to facility build-outs , investments in it infrastructure , 45 the equator integration and the development of certain software applications . capital expenditures were higher in 2014 compared to 2013 primarily as a result of increased facility build-outs and office relocations to support growth . on october 9 , 2015 , we acquired the acquired rentrange and investability businesses for $ 24.8 million . the purchase price was composed of $ 17.5 million in cash and $ 7.3 million of restricted common stock of the company . on july 17 , 2015 , we acquired castleline for $ 33.4 million . this was composed of $ 11.2 million of cash at closing , excluding cash balances acquired of $ 1.1 million . additionally , the acquisition includes $ 10.5 million of cash that is payable over four years from the acquisition date and $ 14.4 million of restricted common stock of the company . of the cash payable following acquisition , $ 3.8 million is contingent on certain future employment conditions of certain of the sellers , and therefore excluded from the purchase price . during 2015 , we purchased 1.6 million shares of hlss common stock in the open market for $ 30.0 million . also during 2015 , we received liquidating dividends and other dividends from hlss totaling $ 20.4 million and we sold all of our 1.6 million shares of hlss common stock in the open market for $ 7.7 million . on november 21 , 2014 , we acquired owners for $ 19.8 million plus contingent consideration of up to $ 7.0 million . on september 12 , 2014 , we acquired mortgage builder for $ 14.9 million , net of acquired cash of $ 0.7 million , and contingent consideration of up to $ 7.0 million .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows from investing activities cash flows from investing activities included capital expenditures of $ 36.2 million , $ 64.8 million and $ 34.1 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively , primarily related to facility build-outs , investments in it infrastructure , 45 the equator integration and the development of certain software applications . capital expenditures were higher in 2014 compared to 2013 primarily as a result of increased facility build-outs and office relocations to support growth . on october 9 , 2015 , we acquired the acquired rentrange and investability businesses for $ 24.8 million . the purchase price was composed of $ 17.5 million in cash and $ 7.3 million of restricted common stock of the company . on july 17 , 2015 , we acquired castleline for $ 33.4 million . this was composed of $ 11.2 million of cash at closing , excluding cash balances acquired of $ 1.1 million . additionally , the acquisition includes $ 10.5 million of cash that is payable over four years from the acquisition date and $ 14.4 million of restricted common stock of the company . of the cash payable following acquisition , $ 3.8 million is contingent on certain future employment conditions of certain of the sellers , and therefore excluded from the purchase price . during 2015 , we purchased 1.6 million shares of hlss common stock in the open market for $ 30.0 million . also during 2015 , we received liquidating dividends and other dividends from hlss totaling $ 20.4 million and we sold all of our 1.6 million shares of hlss common stock in the open market for $ 7.7 million . on november 21 , 2014 , we acquired owners for $ 19.8 million plus contingent consideration of up to $ 7.0 million . on september 12 , 2014 , we acquired mortgage builder for $ 14.9 million , net of acquired cash of $ 0.7 million , and contingent consideration of up to $ 7.0 million .
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 Suspicious Activity Report : reimbursable expenses and non-controlling interests are pass-through items for which we earn no margin . reimbursable expenses consist of amounts we incur on behalf of our customers in performing our fee-based services , but we pass such costs 27 directly on to our customers without any additional markup . non-controlling interests represent the earnings of lenders one , wholesale one and residential investor one , consolidated entities not owned by altisource , and are included in revenue and reduced from net income to arrive at net income attributable to altisource . we have prepared our consolidated financial statements in accordance with accounting principles generally accepted in the united states of america ( “ gaap ” ) . altisource 's vision and growth initiatives altisource provides a suite of mortgage , real estate and consumer debt services , leveraging our technology platform and global operations . altisource is focused on becoming the premier provider of real estate and mortgage marketplaces and related services to a broad and diversified customer base . within the real estate and mortgage markets , we facilitate transactions and provide products , solutions and services related to home sales , home purchases , home rentals , home maintenance , mortgage origination and mortgage servicing . strategically , we are focused on ( 1 ) our four key business initiatives , ( 2 ) continuing to strengthen our compliance management system and ( 3 ) maintaining strong performance and relationships with our strategic customers . each of our four key business initiatives position altisource to grow and diversify our customer and revenue base . we believe these initiatives address very large markets and directly leverage our core competencies and distinct competitive advantages . our four strategic growth initiatives and a brief description of each are as follows : mortgage market : 1. continue to grow our servicer solutions business ( the products , services and technologies typically used or licensed by loan servicers ) : we are focused on growing our servicer solutions business by expanding services purchased by our existing customer base and attracting new customers . even as delinquencies return to historical norms , we believe there is a very large addressable market for the services we provide , as well as a strong and increasing customer focus on regulatory compliance and operational quality . we are one of only a few service providers with a comprehensive offering of services and technologies on a national scale . we believe we are well positioned to gain market share as customers consolidate to larger , full-service vendors and continue to outsource services that have historically been performed in-house . 2. continue to grow our origination solutions business ( the products , services and technologies typically used or licensed by participants in the loan origination market ) : we are focused on building an industry leading , integrated origination services platform that provides end-to-end solutions ( products , services and technology ) to our customers . we plan to grow our origination solutions business by expanding our product offerings to our existing client base and actively adding new customers . we are leveraging our enterprise wide sales organization to offer our origination services to larger bank and non-bank originators and correspondents and plan to expand our middle market sales organization to address other prospects . we believe we are well positioned to gain market share as customers consolidate to larger full-service vendors and by offering our existing customers ( e.g . , the members of lenders one , the customers of mortgage builder and castleline and our preferred vendors and partners ) an attractive suite of products and services that meet their growing needs . real estate market : 3. continue to grow owners.com , our consumer real estate offering ( the products , services and technologies typically used by self-directed home buyers and sellers ) : owners.com provides self-directed consumers with a full suite of real estate services from which to choose . we are focused on growing owners.com by building brand awareness , driving customer engagement and increasing consumer adoption of our buy side brokerage services . with a growing segment of the population demonstrating a desire to engage in self-directed transactions , we believe owners.com is well positioned to become a market leader . 4. continue to grow our real estate investor solutions business ( the products , services and technologies typically used by participants in residential real estate investments ) : we are focused on growing our real estate investor solutions business by supporting the growth of our existing customers , expanding services purchased by our existing customer base and attracting new customers . with our national real estate brokerage operation , vendor network , property management and renovation footprint , existing customer base and growing suite of technologies , we believe we are well positioned to grow . 28 share repurchase plan on may 20 , 2015 , our shareholders approved a new share repurchase program , which replaced the previous share repurchase program . under the new program , we are authorized to purchase up to 3.0 million shares of our common stock , based on a limit of 15 % of the outstanding shares of common stock on the date of approval at a minimum price of $ 1.00 per share and a maximum price of $ 500.00 per share . this is in addition to amounts previously purchased under prior programs . story_separator_special_tag these losses are composed of an estimated $ 55.7 million impairment of goodwill , $ 11.9 million impairment of intangible assets from the 2013 homeward and rescap fee-based business acquisitions and $ 4.1 million impairment of software assets included in premises and equipment . in 2014 , as a result of the adjustment in the fair value of the equator contingent consideration described below and based on our goodwill assessment in 2014 , we determined that the equator goodwill was impaired and recorded an impairment loss of $ 37.5 million for the year ended december 31 , 2014 . we recognized gains on the change in the fair value of equator earn out liability of $ 7.6 million and $ 37.9 million for the years ended december 31 , 2015 and 2014 , respectively ( no comparative amount in 2013 ) . the liability for contingent consideration is reflected at fair value and adjusted each reporting period with the change in fair value recognized in earnings . in 2015 , we reached an agreement with the former owners of equator to extinguish any liability for the equator earn out . in connection with this settlement , we reduced the liability for the equator earn out to $ 0 and recognized a $ 7.6 million increase in earnings . during 2014 , the fair value of the contingent consideration related to the equator acquisition was reduced by $ 37.9 million with a 33 corresponding increase in earnings based on management 's revised estimates that expected earnings of equator will be lower than projected at the time of acquisition . income from operations decreased to $ 79.1 million , representing 8 % of service revenue , for the year ended december 31 , 2015 compared to $ 170.5 million , representing 18 % of service revenue , for the year ended december 31 , 2014 and $ 162.1 million , representing 24 % of service revenue , for the year ended december 31 , 2013 . the decrease in operating income margin is primarily driven by the non-cash impairment losses , lower gross profit margins and increases in sg & a , partially offset by gains on the change in fair value of equator earn out liability , as discussed above . other income ( expense ) , net other income ( expense ) , net principally includes interest expense , interest income , loss on the sale of hlss equity securities , net of dividends received , and gains on the early extinguishment of debt . interest expense for the year ended december 31 , 2015 was $ 28.2 million , an increase of $ 4.8 million compared to the year ended december 31 , 2014 , resulting from the additional $ 200.0 million senior secured term loan borrowings on august 1 , 2014 , partially offset by lower interest expense associated with the 2015 repurchases of a portion of our senior secured term loan with an aggregate par value of $ 49.0 million . interest expense for the year ended december 31 , 2014 was $ 23.4 million , an increase of $ 3.1 million compared to the year ended december 31 , 2013 , resulting from the additional $ 200.0 million senior secured term loan borrowings on august 1 , 2014 , and the additional $ 200.0 million senior secured term loan borrowings on may 7 , 2013 , partially offset by lower interest rates from the senior secured term loan refinancing on december 9 , 2013. we recognized interest income of $ 0.1 million for each of the years ended december 31 , 2015 and 2014 . additionally , we recognized interest income of $ 0.9 million for the year ended december 31 , 2013 , primarily from a $ 75.0 million loan to ocwen , which was repaid in february 2013. during 2015 , we repurchased portions of our senior secured term loan with an aggregate par value of $ 49.0 million at a weighted average discount of 10.3 % , resulting in net gains totaling $ 3.8 million on the early extinguishment of debt ( no comparative amounts for 2014 and 2013 ) . during march 2015 , we purchased 1.6 million shares of hlss common stock in the open market for $ 30.0 million . on april 6 , 2015 , hlss completed the sale of substantially all of its assets and adopted a plan of complete liquidation and dissolution . during 2015 , we received liquidating dividends and other dividends from hlss totaling $ 20.4 million and sold all of our 1.6 million shares of hlss common stock in the open market for $ 7.7 million . as a result of these transactions , we recognized a net loss of $ 1.9 million for the year ended december 31 , 2015 ( no comparative amounts for 2014 and 2013 ) in connection with our investment in hlss . income tax provision we recognized an income tax provision of $ 8.3 million , $ 10.2 million and $ 8.5 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . our effective tax rate was 15.6 % , 6.9 % and 6.0 % for the years ended december 31 , 2015 , 2014 and 2013 , respectively . the effective tax rate in all three periods differs from the luxembourg statutory tax rate of 29.2 % primarily due to the effect of certain deductions allowed in luxembourg pursuant to a tax ruling , which expires in 2019 unless extended or renewed , the mix of income and losses with varying tax rates in multiple taxing jurisdictions and the recognition of research and development tax credits . the higher 2015 effective tax rate is driven by impairment losses which resulted in a change in the jurisdictional mix of income . the impairment losses are related to assets owned by a subsidiary with a lower effective tax rate . our consolidated effective

