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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 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, 2013
 
$
90,770

 
$
(304
)
 
$
90,466

Increase in goodwill due to VelocityEHS's acquisition of KMI
 
6,735

 
—

 
6,735

Increase in goodwill due to GovDelivery's acquisition of NuCivic
 
1,257

 
—

 
1,257

Increase in goodwill due to Bolt's acquisition of Ludwig
 
455

 
—

 
455

Increase in goodwill due to FolioDynamix acquisition
 
166,171

 
—

 
166,171

Goodwill as of December 31, 2014
 
$
265,388

   
$
(304
)
 
$
265,084

Increase in goodwill due to GovDelivery's acquisition of Textizen
 
606

  
—

 
606

Decrease in goodwill due to FolioDynamix impairment charge
 
—

 
(39,656
)
 
(39,656
)
Goodwill as of December 31, 2015
 
$
265,994

  
$
(39,960
)
 
$
226,034

Summary of Intangible Assets from Continuing Operations
The following table summarizes Actua’s intangible assets:
(in thousands)
 
 
 
As of December 31, 2015
 
 
 
 
Gross carrying
 
Accumulated
 
Net carrying
Intangible assets
 
Useful life
 
amount
 
amortization
 
amount
Customer relationships
 
1-11 years
 
$
76,414

 
$
(22,652
)
 
$
53,762

Trademarks/trade names
 
3-11 years
 
24,835

 
(7,763
)
 
17,072

Technology
 
5-10 years
 
25,820

 
(8,055
)
 
17,765

Non-compete agreements
 
2-5 years
 
3,645

 
(3,549
)
 
96

 
 
 
 
130,714

 
(42,019
)
 
88,695

Other intellectual property (1)
 
Indefinite
 
700

 
—

 
700

 
 
 
 
$
131,414

 
$
(42,019
)
 
$
89,395

 
(in thousands)
 
 
 
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)
 
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 for which Actua estimated the residual value to approximate its carrying value of $0.4 million as of both December 31, 2015 and December 31, 2014.
Remaining Estimated Amortization Expense
Remaining estimated amortization expense for the respective years is set forth as follows:
 
(in thousands)
 
 
 
2016
$
15,378

2017
14,839

2018
13,415

2019
12,103

2020
10,420

Thereafter
22,540

Remaining amortization expense
$
88,695