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Other Income (Loss), Net
 9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Gain (loss) on sales/distributions of ownership interests
 
$
192

 
$
2,842

 
$
3,846

 
$
2,888

Total other income (loss), net
 
$
192

 
$
2,842

 
$
3,846

 
$
2,888


During the three and nine months ended September 30, 2017, 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 $0.2 million and $3.8 million, respectively. Actua had no remaining basis in Anthem; therefore, a gain was recognized in those amounts for the respective periods.