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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Summary of Selected Information Related to Segments
The following summarizes selected information related to Actua’s segments for the three and nine months ended September 30, 2015 and 2014. The amounts presented as “Dispositions” in the following table represent businesses reported as discontinued operations and/or Actua’s share of businesses’ results that had been accounted for under the equity method of accounting but were disposed of. During the three months ended March 31, 2014, Actua received a working capital adjustment of less than $0.1 million related to the sale of Procurian. That amount was recorded as a gain and is included in the line item “Income (loss) from discontinued operations, including gain on sale, net of tax” in the Consolidated Financial Statements for the three-month period ended March 31, 2014. CIML was accounted for under the equity method of accounting until it ceased operations in September 2014. The gain related to the Procurian working capital adjustment reported as discontinued operations, as well as Actua’s share of CIML’s results (including the related intangible amortization recorded by Actua), which was removed from the vertical cloud (venture) segment, are included in “Dispositions” in the segment information table below for the relevant periods presented.
 
 
Segment Information
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reconciling Items
 
 
 
 
Vertical Cloud
 
Vertical Cloud
(Venture)
 
Total
Segment
 
Dispositions
 
Other (1)
 
Consolidated
Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
34,140

 
$

 
$
34,140

 
$

 
$

 
$
34,140

Net income (loss) attributable to
    Actua Corporation
 
$
(6,420
)
 
$

 
$
(6,420
)
 
$

 
$
(7,462
)
 
$
(13,882
)
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
20,762

 
$

 
$
20,762

 
$

 
$

 
$
20,762

Net income (loss) attributable to
    Actua Corporation
 
$
(6,461
)
 
$
(144
)
 
$
(6,605
)
 
$
2,426

 
$
(6,501
)
 
$
(10,680
)
Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
98,268

 
$

 
$
98,268

 
$

 
$

 
$
98,268

Net income (loss) attributable to
    Actua Corporation
 
$
(21,511
)
 
$

 
$
(21,511
)
 
$

 
$
(22,418
)
 
$
(43,929
)
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
58,213

 
$

 
$
58,213

 
$

 
$

 
$
58,213

Net income (loss) attributable to
    Actua Corporation
 
$
(17,887
)
 
$
(776
)
 
$
(18,663
)
 
$
3,789

 
$
(18,850
)
 
$
(33,724
)
(1)
The following table reflects the components of Net income (loss) attributable to Actua Corporation included in Other (in thousands):
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2015
 
2014
 
2015
 
2014
General and administrative
 
$
(8,148
)
 
$
(9,787
)
 
$
(26,255
)
 
$
(25,713
)
Impairment related and other
 
(89
)
 
(256
)
 
(290
)
 
(1,019
)
Corporate other income (loss) (Note 10)
 
(1
)
 
70

 
1,388

 
1,017

Interest income
 
25

 
157

 
67

 
371

Income tax benefit (expense)
 

 
2,131

 

 
2,931

Net loss attributable to the noncontrolling interest
 
751

 
1,184

 
2,672

 
3,563

Net income (loss)
 
$
(7,462
)
 
$
(6,501
)
 
$
(22,418
)
 
$
(18,850
)
 
 
 
 
Vertical Cloud
 
Vertical Cloud (Venture)
 
Total Segment
 
Dispositions
 
Other
 
Consolidated Results
Assets as of:
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2015
 
$
429,692

 
$
16,617

 
$
446,309

 
$

 
$
58,057

 
$
504,366

December 31, 2014
 
$
417,877

 
$
16,117

 
$
433,994

 
$
2,998

 
$
91,920

 
$
528,912