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Consolidated Businesses (Tables)
9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
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 nine months ended September 30, 2017 and 2016:
(in thousands)
 
Balance at December 31, 2015
$
10,506

Redeemable noncontrolling interests portion of subsidiary net income (loss)
(257
)
Accretion adjustments to estimated redemption value
4,360

Equity transfer among owners (1)
(5,247
)
Balance at September 30, 2016
$
9,362

Balance at December 31, 2016
$
5,858

Redeemable noncontrolling interests portion of subsidiary net income (loss)
186

Accretion adjustments to estimated redemption value
(83
)
Balance at September 30, 2017
$
5,961

____________________________
(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.