Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Total income tax (benefit) expense from continuing operations was allocated as follows:  

(in thousands)	Year ended December 31,
	2015			2014			2013
Current taxes:
Federal taxes	$	(144	)	$	(8,790	)	$	(17,711	)
State taxes	23			93			140
Foreign taxes	219			330			—
Current taxes	$	98		$	(8,367	)	$	(17,571	)
Deferred taxes:
Federal taxes	$	(88	)	$	(1,319	)	$	—
State taxes	238			(3,181		)	—
Foreign taxes	(19		)	(64		)	—
Deferred taxes	$	131		$	(4,564	)	$	—
Income tax (benefit) expense	$	229		$	(12,931	)	$	(17,571	)

Schedule of Deferred Tax Assets and Liabilities

Actua’s net deferred tax asset (liability) consists of the following:

(in thousands)	As of December 31,
	2015			2014
Deferred tax assets:
Net operating loss and capital loss carryforward - 382 limited	$	57,158		$	68,210
Net operating loss carryforward - not 382 limited	60,414			40,925
State net operating loss carryforward, net	2,844			3,114
Capital loss carryforward - not 382 limited	48,071			35,982
Company basis difference	20,150			17,978
Reserves and accruals	3,293			2,045
Equity-based compensation expense	16,105			8,926
AMT and other credits	81			81
Other, net	2,429			1,174
Total deferred tax assets	$	210,545		$	178,435
Valuation allowance	(187,757		)	(151,389		)
Total deferred tax assets, net of valuation allowance	$	22,788		$	27,046
Deferred tax liabilities:
Intangible assets	20,130			24,132
Total deferred tax liabilities	$	20,130		$	24,132
Total net deferred tax assets	$	2,658		$	2,914

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rate differs from the federal statutory rate as follows:

	Year ended December 31,
	2015		2014		2013
Tax expense (benefit) at statutory rate	35.0	%	35.0	%	35.0	%
Foreign and state taxes	(0.4	)%	10.4	%	(2.3	)%
Non-deductible expenses and other	(15.5	)%	(4.8	)%	0.6	%
Valuation allowance	(19.3	)%	—	%	—	%
Effective tax rate	(0.2	)%	40.6	%	33.3	%