INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Federal and State Income Tax Provision (Benefit)

The Company’s federal and state income tax provision from continuing operations for the three months and six months ended June 30, 2017 and 2016 is summarized in the following table (in thousands):

	Three Months Ended   June 30,				Six Months Ended   June 30,
	2017		2016		2017		2016
Current
Federal	$	—	$	—	$	—	$	—
State	190		25		226		25
Total current	190		25		226		25
Deferred
Federal	437		108		932		125
State	91		16		179		22
Total deferred	528		124		1,111		147
Total income tax expense	$	718	$	149	$	1,337	$	172

Reconciliation of the Income Tax Rate

The Company’s reconciliation of the statutory rate from continuing operations to the effective income tax rate for the three months and six months ended June 30, 2017 and 2016 is summarized as follows (in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2017			2016			2017			2016
Tax benefit at statutory rate	$	(9,790	)	$	(2,844	)	$	(16,236	)	$	(6,271	)
State tax expense, net of federal taxes	190			3			226			3
Valuation allowance changes affecting income tax provision	10,266			1,926			17,242			5,314
Non-deductible transaction costs and other	52			1,064			105			1,126
Income tax expense	$	718		$	149		$	1,337		$	172