Segment Information | Segment Information We have organized our reportable segments into two segments: PI and RMW. Property Intelligence . Our PI segment owns or licenses real property information, mortgage information and consumer information, which includes loan information, property sales and characteristic information, property risk and replacement cost, natural hazard data, geospatial data, parcel maps and mortgage-backed securities information. We have also developed proprietary technology and software platforms to access, automate or track our data and assist our clients with compliance regulations. We deliver this information directly to our clients in a standard format over the web, through customizable software platforms or in bulk data form. Our products and services include data licensing and analytics, data-enabled advisory services, platform solutions and valuation solutions in North America, Western Europe and Asia Pacific. The segment's primary clients are commercial banks, mortgage lenders and brokers, investment banks, fixed-income investors, real estate agents, Multiple Listing Service companies, property and casualty insurance companies, title insurance companies, government agencies and government-sponsored enterprises. The operating results of our PI segment included intercompany revenues of $1.5 million and $1.3 million for the three months ended September 30, 2016 and 2015 , and $4.2 million and $4.3 million for the nine months ended September 30, 2016 and 2015 , respectively. The segment also included intercompany expenses of $1.0 million and $1.2 million for the three months ended September 30, 2016 and 2015 , and $3.9 million and $3.6 million for the nine months ended September 30, 2016 and 2015 , respectively. Risk Management and Workflow. Our RMW segment owns or licenses real property information, mortgage information and consumer information, which includes loan information, property sales and characteristic information, natural hazard data, parcel maps, employment verification, criminal records and eviction records. We have also developed proprietary technology and software platforms to access, automate or track our data and assist our clients with compliance regulations. Our products and services include credit and screening solutions, property tax processing, flood data services and technology solutions in North America. The segment’s primary clients are large, national mortgage lenders and servicers, but we also serve regional mortgage lenders and brokers, credit unions, commercial banks, fixed-income investors, government agencies and casualty insurance companies. The operating results of our RMW segment included intercompany revenues of $1.0 million and $1.2 million for the three months ended September 30, 2016 and 2015 , and $3.9 million and $3.6 million for the nine months ended September 30, 2016 and 2015 , respectively. The segment also included intercompany expenses of $1.5 million and $1.3 million for the three months ended September 30, 2016 and 2015 , and $4.2 million and $4.3 million for the nine months ended September 30, 2016 and 2015 , respectively. We also separately report on our corporate and eliminations. Corporate consists primarily of corporate personnel and other expenses associated with our corporate functions and facilities, investment gains and losses, equity in earnings of affiliates, net of tax, and interest expense. It is impracticable to disclose revenues from external clients for each product and service offered. Selected financial information by reportable segment is as follows: (in thousands) For the Three Months Ended September 30, 2016 Operating Revenues Depreciation and Amortization Operating Income/(Loss) Equity in Earnings/(Losses) of Affiliates, Net of Tax Net Income/(Loss) From Continuing Operations Capital Expenditures PI $ 280,620 $ 33,280 $ 28,018 $ 872 $ 28,325 $ 12,517 RMW 245,764 6,304 76,749 — 76,749 2,658 Corporate 2 4,914 (19,943 ) (265 ) (69,072 ) 1,408 Eliminations (2,490 ) — — — — — Consolidated (excluding discontinued operations) $ 523,896 $ 44,498 $ 84,824 $ 607 $ 36,002 $ 16,583 For the Three Months Ended September 30, 2015 PI $ 156,944 $ 23,052 $ 19,552 $ 5,763 $ 25,213 $ 10,303 RMW 232,050 9,525 64,104 — 64,100 3,355 Corporate — 3,863 (17,736 ) (2,266 ) (60,671 ) 3,854 Eliminations (2,555 ) — — — — — Consolidated (excluding discontinued operations) $ 386,439 $ 36,440 $ 65,920 $ 3,497 $ 28,642 $ 17,512 For the Nine Months Ended September 30, 2016 PI $ 798,741 $ 93,580 $ 78,518 $ 1,424 $ 78,122 $ 38,476 RMW 687,023 20,635 195,993 — 195,991 7,786 Corporate 5 13,218 (56,862 ) (829 ) (170,148 ) 16,106 Eliminations (8,125 ) — — — — — Consolidated (excluding discontinued operations) $ 1,477,644 $ 127,433 $ 217,649 $ 595 $ 103,965 $ 62,368 For the Nine Months Ended September 30, 2015 PI $ 471,442 $ 71,609 $ 56,229 $ 19,589 $ 75,450 $ 35,541 RMW 673,672 25,769 179,996 — 179,967 10,187 Corporate 37 12,311 (60,332 ) (7,658 ) (164,011 ) 11,987 Eliminations (7,927 ) — — — — — Consolidated (excluding discontinued operations) $ 1,137,224 $ 109,689 $ 175,893 $ 11,931 $ 91,406 $ 57,715 (in thousands) As of As of Assets September 30, 2016 December 31, 2015 PI $ 2,504,317 $ 2,058,412 RMW 1,339,912 1,316,785 Corporate 5,595,976 5,318,990 Eliminations (5,429,311 ) (5,021,152 ) Consolidated (excluding assets of discontinued operations) $ 4,010,894 $ 3,673,035 |