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Other Income, Net (Tables)
9 Months Ended
Sep. 30, 2016
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
Other income, net, consists of the effect of transactions and other events relating to Actua’s ownership interests and its operations in general, and is comprised of the following:
(in thousands)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Gain (loss) on sales/distributions of ownership interests (1)(2)
 
$
2,842

 
$
(1
)
 
$
2,888

 
$
1,388

Foreign currency (loss) gain (3)
 
(11
)
 
97

 
(162
)
 
149

Total other income, net
 
$
2,831

 
$
96

 
$
2,726

 
$
1,537

____________________________
(1) 
During the three months ended September 30, 2016, Actua received distributions from a previously-owned interest that resulted in proceeds of $30 thousand and recognized a gain of $2.8 million on the sale of shares related to a cost method investment.
(2) 
During the nine months ended September 30, 2016, Actua received distributions from a previously-owned interest that resulted in proceeds of $60 thousand, recognized a gain of $2.8 million on the sale of shares related to a cost method investment, and received loan repayments from a previously-owned equity method investment in the amount of $16 thousand. During the nine months ended September 30, 2015, Actua received distributions from a previously-owned interest that resulted in proceeds of $1.0 million and received loan repayments from a previously-owned equity method investment in the amount of $0.4 million.
(3) 
During the nine months ended September 30, 2016, other income related to GovDelivery was reclassified to the line item “Loss from discontinued operations, net of tax” on Actua’s Consolidated Statements of Operations for all periods presented because of, among other things, the execution of the GovDelivery Merger Agreement on September 20, 2016. The impact of the sale of GovDelivery is discussed in Note 5, “Discontinued Operations.” Based on the reclassification of other income related to GovDelivery, which resulted in an increase to other income of $68 thousand and $186 thousand for the three and nine months ended September 30, 2016, respectively. Actua retrospectively increased the value of other income by $44 thousand and $49 thousand for three and nine months ended September 30, 2015, respectively.