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Consolidated Businesses (Tables)
6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Allocations of Purchase Price to Identified Intangible Assets and Tangible Assets and Liabilities
The allocations of the respective ErgoAdvocate, E3 Solutions and SAS purchase prices to identified intangible assets and tangible assets and liabilities were as follows:
(in thousands)
 
ErgoAdvocate
 
E3 Solutions
 
SAS
Goodwill
 
$
155

 
$
1,074

 
$
9,736

Customer lists (5-11 year life)
 
26

 
28

 
2,153

Trademarks, trade names and domain names (5-11 year life)
 

 
6

 

Technology (7-9 year life)
 
1,069

 
1,822

 
344

Non-compete agreement (5 year life)
 

 
70

 
233

Deferred revenue
 

 

 
(320
)
Other net assets (liabilities)
 

 

 
(397
)
  Total net assets acquired
 
$
1,250


$
3,000

 
$
11,749

Reconciliation of Activity Related to Redeemable Noncontrolling Interest
The following is a reconciliation of the activity related to Actua’s redeemable noncontrolling interests during the six months ended June 30, 2017 and 2016:
(in thousands)
 
Balance at December 31, 2015
$
10,506

Redeemable noncontrolling interests portion of subsidiary net income (loss)
(129
)
Accretion to estimated redemption value
1,232

Equity transfer among owners (1)
(5,247
)
Balance at June 30, 2016
$
6,362

Balance at December 31, 2016
$
5,858

Redeemable noncontrolling interests portion of subsidiary net income (loss)
36

Accretion to estimated redemption value
33

Balance at June 30, 2017
$
5,927

____________________________
(1)
This amount primarily relates to cash payments made during the three months ended March 31, 2016 of $5.4 million to acquire (a) $2.5 million of redeemable noncontrolling interests associated with GovDelivery, (b) $2.4 million of redeemable noncontrolling interests associated with VelocityEHS and (c) $0.5 million of redeemable noncontrolling interests associated with FolioDynamix. These transactions increased Actua’s ownership in GovDelivery from 92% to 94% and its ownership in VelocityEHS from 98% to 99%. Actua's ownership in FolioDynamix did not significantly change from the repurchase.

Pro Forma Information
The information in the following table represents the revenue, net income (loss) attributable to Actua and net income (loss) per diluted share attributable to Actua for the relevant period had it owned E3 Solutions and SAS during that period.
(in thousands, except per share data)
 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
Revenue
 
$
28,013

 
$
54,734

Net income (loss) attributable to Actua Corporation
 
$
(10,773
)
 
$
(23,143
)
Net income (loss) per diluted share attributable to Actua Corporation
 
$
(0.29
)
 
$
(0.62
)