ALLOWANCE FOR CREDIT LOSSES (Tables)

9 Months Ended

Sep. 30, 2022

Credit Loss [Abstract]

Schedule of Financing Receivable, Allowance for Credit Loss

The following table details the activity related to the allowance for credit losses for trade receivables by portfolio segment (in thousands):

	Nine Months Ended September 30, 2022
	CoStar		Information Services		Multifamily		LoopNet		Other Marketplaces		Total
Beginning balance at December 31, 2021	$	5,380	$	1,820	$	3,393	$	1,968	$	813	$	13,374
Current-period provision for expected credit losses(1), (2)	7,089		(703)		4,032		3,000		50		13,468
Write-offs charged against the allowance, net of recoveries and other	(8,917)		(198)		(4,362)		(4,031)		—		(17,508)
Ending balance at September 30, 2022	$	3,552	$	919	$	3,063	$	937	$	863	$	9,334
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(1) Credit loss expense is included in general and administrative expenses on the condensed consolidated statements of operations.

(2) Credit loss expense related to contract assets was not material for the nine months ended September 30, 2022.

	Nine Months Ended September 30, 2021
	CoStar		Information Services		Multifamily		LoopNet		Other Marketplaces		Total
Beginning balance at December 31, 2020	$	5,531	$	2,739	$	4,387	$	1,667	$	786	$	15,110
Current-period provision for expected credit losses(1), (2)	3,932		(257)		2,167		1,955		—		7,797
Write-offs charged against the allowance, net of recoveries and other	(3,933)		(518)		(3,779)		(1,628)		—		(9,858)
Ending balance at September 30, 2021	$	5,530	$	1,964	$	2,775	$	1,994	$	786	$	13,049
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(1) Credit loss expense is included in general and administrative expenses on the condensed consolidated statements of operations.

(2) Credit loss expense related to contract assets was not material for the nine months ended September 30, 2021.