REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The Company provides information, analytics and online marketplaces to the commercial real estate industry and related professionals. The revenues by operating segment and type of service consist of the following (in thousands):

	Three Months Ended March 31,
	2020						2019
	North America		International		Total		North America		International		Total
Information and analytics
CoStar Suite	$	157,335	$	7,621	$	164,956	$	140,973	$	6,728	$	147,701
Information services	25,690		6,692		32,382		16,591		2,259		18,850
Online marketplaces
Multifamily	137,460		—		137,460		114,268		—		114,268
Commercial property and land	56,962		87		57,049		47,405		201		47,606
Total revenues	$	377,447	$	14,400	$	391,847	$	319,237	$	9,188	$	328,425

Contract with Customer, Asset and Liability

Changes in deferred revenue for the period were as follows (in thousands):

Balance at December 31, 2019	$	70,620
Revenue recognized in the current period from the amounts in the beginning balance	(38,354		)
New deferrals, net of amounts recognized in the current period	56,602
Effects of foreign currency	(824		)
Balance at March 31, 2020(1)	$	88,044
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⁽¹⁾ Deferred revenue is comprised of $85 million of current liabilities and $3 million of noncurrent liabilities classified within lease and other long-term liabilities on the Company’s condensed consolidated balance sheet as of March 31, 2020.

Schedule of Commissions Expense

Commissions expense activity for the three months ended March 31, 2020 and 2019 was as follows (in thousands). The Company determined that no deferred commissions were impaired as of March 31, 2020:

	Three Months Ended March 31,
	2020			2019
Commissions incurred	$	22,437		$	18,551
Commissions capitalized in the current period	(16,523		)	(13,729		)
Amortization of deferred commissions costs	14,747			12,407
Total commissions expense	$	20,661		$	17,229