INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Federal and state income tax benefit (expense)

The federal and state income tax benefit (expense) from continuing operations consisted of the following (in thousands):

	Year Ended December 31,
	2018			2017			2016
Current
Federal	$	—		$	925		$	—
State	(502		)	(174		)	30
Total current	(502		)	751			30
Deferred
Federal	—			1,951			(1,744		)
State	(66		)	1,428			(301		)
Total deferred	(66		)	3,379			(2,045		)
Total tax benefit (expense)	$	(568	)	$	4,130		$	(2,015	)

Effect of temporary differences that give rise to significant portion of deferred taxes

The effect of temporary differences that give rise to a significant portion of deferred taxes is as follows (in thousands):

	December 31,
	2018			2017
Deferred tax assets:
Reserves not currently deductible	$	6,634		$	10,707
Net operating loss carryforwards	128,819			110,773
Goodwill and intangibles (tax deductible)	7,853			12,757
Accrued expenses	641			95
Property basis differences	3,679			2,813
Stock based compensation	2,180			2,371
Total deferred tax assets	149,806			139,516
Deferred tax liabilities:
Other	(309		)	(180		)
Less: valuation allowance	(148,465		)	(138,238		)
Net deferred tax asset	$	1,032		$	1,098

Reconciliation of the statutory rate to the effective income tax rate

reconciliation of the federal statutory rate to the effective income tax rate from continuing operations is as follows (in thousands):

	Year Ended December 31,
	2018			2017			2016
Tax benefit at statutory rate	$	10,715		$	23,654		$	11,907
State tax benefit, net of federal taxes	1,510			4,587			1,398
Change in valuation allowance	(10,227		)	41,550			(14,725		)
Change in tax contingencies	—			10			66
Alternative minimum tax receivable	—			925			—
Corporate tax rate changes	—			(67,707		)	—
Other	(2,566		)	1,111			(661		)
Tax benefit (expense)	$	(568	)	$	4,130		$	(2,015	)

Reconciliation of beginning and ending amount of gross unrecognized tax benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands):

	Year Ended December 31,
	2018		2017			2016
Unrecognized tax benefits balance at January 1,	$	1,014	$	1,021		$	1,067
Lapse of statute of limitations	—		(7		)	(46		)
Unrecognized tax benefits balance at December 31,	$	1,014	$	1,014		$	1,021