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Other Income (Loss), Net
 3 Months Ended
Mar. 31, 2017
Other Income and Expenses [Abstract]  
Other Income (Loss), Net
Other Income (Loss), Net
Other income (loss), 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 March 31,
 
 
2017
 
2016
Gain (loss) on sales/distributions of ownership interests
 
$
958

 
$
46

Other (1)
 
(91
)
 
(136
)
Total other income (loss), net
 
$
867

 
$
(90
)
____________________________
(1)
This amount relates primarily to currency gain (loss) which is attributable to Actua's consolidated businesses.

During the three months ended March 31, 2017 and 2016, Actua received distributions in cash and stock related to its partnership investment in Anthem Venture Partners ("Anthem"), a cost method business that resulted in total proceeds of $1.0 million and $30 thousand, respectively. Actua had no remaining basis in Anthem, therefore, a gain was recognized in those amounts for the respective periods. Subsequent to the quarter ended March 31, 2017, Actua received additional distributions of approximately $1.4 million from Anthem.