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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Activity Related to Goodwill
The following table summarizes the activity related to Actua’s goodwill (in thousands):
 
 
Gross Carrying
Amount
 
Accumulated
Impairment
Losses
 
Net Carrying
Amount
Goodwill as of December 31, 2014
 
$
265,388

   
$
(304
)
 
$
265,084

Increase in goodwill due to GovDelivery's acquisition of Textizen
 
593

  

 
593

Goodwill as of September 30, 2015
 
$
265,981

  
$
(304
)
 
$
265,677

Summary of Intangible Assets from Continuing Operations
The following table summarizes Actua’s intangible assets from continuing operations (in thousands):
 
 
 
 
As of September 30, 2015
 
 
 
 
Gross Carrying
 
Accumulated
 
Net Carrying
Intangible Assets
 
Useful Life
 
Amount
 
Amortization
 
Amount
Customer relationships
 
1-11 years
 
$
75,120

 
$
(20,695
)
 
$
54,425

Trademarks/trade names
 
3-11 years
 
24,822

 
(6,898
)
 
17,924

Technology
 
5-10 years
 
25,752

 
(7,085
)
 
18,667

Non-compete agreements
 
2-5 years
 
3,645

 
(3,541
)
 
104

 
 
 
 
129,339

 
(38,219
)
 
91,120

Other intellectual property (1)
 
2 years-Indefinite
 
700

 

 
700

 
 
 
 
$
130,039

 
$
(38,219
)
 
$
91,820

 
 
 
 
 
As of December 31, 2014
 
 
 
 
Gross Carrying
 
Accumulated
 
Net Carrying
Intangible Assets
 
Useful Life
 
Amount
 
Amortization
 
Amount
Customer relationships
 
1-11 years
 
$
74,656

  
$
(14,817
)
  
$
59,839

Trademarks/trade names
 
3-11 years
 
24,543

  
(4,322
)
  
20,221

Technology
 
5-10 years
 
25,223

  
(4,263
)
  
20,960

Non-compete agreements
 
2-5 years
 
3,645

  
(3,367
)
  
278

 
 
 
 
128,067

  
(26,769
)
  
101,298

Other intellectual property (1)
 
2 years-Indefinite
 
700

  

  
700

 
 
 
 
$
128,767

  
$
(26,769
)
  
$
101,998

 
(1) Included in this line item is a domain name valued at $0.3 million that Actua currently believes has an indefinite life, and a domain name with a two-year useful life for which Actua estimated the residual value to approximate its carrying value of $0.4 million as of both September 30, 2015 and December 31, 2014.
Remaining Estimated Amortization Expense
Remaining estimated amortization expense for the respective years set forth below is as follows (in thousands):
 
2015 (remaining three months)
$
3,749

2016
14,890

2017
14,351

2018
13,234

2019
12,507

Thereafter
32,389

Remaining amortization expense
$
91,120