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Segment Information
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
The results of operations of our businesses are reported in two segments; the "vertical cloud" reporting segment and the "vertical cloud (venture)" reporting segment.  The vertical cloud reporting segment reflects the aggregate financial results of Actua’s businesses (1) that share economic and other characteristics, (2) in which Actua’s management takes a very active role in providing strategic direction and operational support, and (3) towards which Actua devotes relatively large proportions of its personnel, financial capital and other resources.  Actua owns majority controlling equity positions in (and therefore consolidates the financial results of) the three businesses in the vertical cloud segment: Bolt, FolioDynamix and VelocityEHS.  The vertical cloud (venture) reporting segment includes businesses with many characteristics similar to those of the businesses in the vertical cloud segment, but in which Actua takes a less active role in terms of strategic direction and operational support, and, accordingly, towards which Actua devotes relatively small amounts of personnel, financial capital and other resources.
Approximately $4.4 million, $3.6 million and $2.2 million of Actua's consolidated revenue for the years ended December 31, 2016, 2015 and 2014, respectively, relates to sales generated outside of the United States, primarily in Europe and Canada. As of December 31, 2016 and December 31, 2015, Actua’s assets were located primarily in the United States.

The following tables summarize selected information related to Actua’s segments. The amounts presented as "Dispositions" in the following tables reflect the effects of the GovDelivery Sale for all periods presented, and effects of InvestorForce, Channel Intelligence, and Procurian for the year ended 2014; for more information, see Note 5, "Discontinued Operations."
 (in thousands)

 

 

 

Reconciling items

 
 

Vertical cloud

Vertical cloud
(venture)

Total
segment

Dispositions

Other (1)

Consolidated
Year ended December 31, 2016


















Revenue

$
109,301


$
—


$
109,301


$
—


$
—


$
109,301

Net income (loss) attributable to
    Actua Corporation

$
(23,339
)

$
—


$
(23,339
)

$
95,295


$
(1,871
)

$
70,085

Assets

$
358,522


$
17,250


$
375,772


$
—


$
77,946


$
453,718

Capital expenditures

$
(2,589
)

$
—


$
(2,589
)

$
—


$
(12
)

$
(2,601
)
Year ended December 31, 2015


















Revenue

$
98,432


$
—


$
98,432


$
—


$
—


$
98,432

Net income (loss) attributable to
    Actua Corporation

$
(58,891
)

$
—


$
(58,891
)

$
(8,520
)

$
(28,669
)

$
(96,080
)
Assets

$
347,436


$
18,146


$
365,582


$
29,129


$
55,433


$
450,144

Capital expenditures

$
(2,200
)

$
—


$
(2,200
)

$
—


$
(37
)

$
(2,237
)
Year ended December 31, 2014


















Revenue

$
57,129


$
—


$
57,129


$
—


$
—


$
57,129

Net income (loss) attributable to
    Actua Corporation

$
(14,267
)

$
(776
)

$
(15,043
)

$
11,316


$
(19,829
)

$
(23,556
)
Assets

$
389,271


$
17,672


$
406,943


$
31,408


$
89,990


$
528,341

Capital expenditures

$
(845
)

$
—


$
(845
)

$
—


$
(343
)

$
(1,188
)

______________________________
(1) 
The following table reflects the components of "Net income (loss) attributable to Actua Corporation" included within the "Other" category:
 
 (in thousands)
 
Year ended December 31,
Selected Data:
 
2016
 
2015
 
2014
General and administrative
 
$
(23,781
)
 
$
(33,996
)
 
$
(35,082
)
Impairment related and other
 
(42
)
 
85

 
(1,114
)
Other income (loss), net (refer to Note 13)
 
2,988

 
1,532

 
5,427

Interest income
 
249

 
97

 
434

Income tax benefit (expense)
 
15,757

 
—

 
6,496

Net loss attributable to the noncontrolling interests
 
2,958

 
3,613

 
4,010

Net income (loss) attributable to Actua Corporation
 
$
(1,871
)
 
$
(28,669
)
 
$
(19,829
)