The following is a reconciliation of the activity related to Actua’s redeemable noncontrolling interests during the years ended December 31, 2017, 2016 and 2015:



(in thousands)
Balance at December 31, 2014	$	10,346
Redeemable noncontrolling interests portion of subsidiary net loss	(393		)
FolioDynamix impairment charge ⁽¹⁾	(812		)
Accretion to estimated redemption value	4,704
Equity transfer among owners ⁽²⁾	(3,339		)
Balance at December 31, 2015	$	10,506
Redeemable noncontrolling interests portion of subsidiary net loss	(778		)
Reduction to redeemable noncontrolling interests due to GovDelivery Sale	(4,338		)
Accretion to estimated redemption value	4,937
Equity transfer among owners ⁽³⁾	(4,469		)
Balance at December 31, 2016	$	5,858
Redeemable noncontrolling interests portion of subsidiary net loss	(696		)
Accretion to estimated redemption value	834
Reduction to redeemable noncontrolling interests due to Velocity/Bolt Sale	(2,955		)
Balance at December 31, 2017 ⁽⁴⁾	$	3,041

____________________________


⁽¹⁾	This amount pertains to the FolioDynamix goodwill impairment charge attributed to redeemable noncontrolling interests which is reflected in the "Net income (loss) attributed to the noncontrolling interests" line of Actua's Consolidated Statement of Operations and Comprehensive Income (Loss).

⁽²⁾

This amount primarily relates to accretion value adjustments of $0.7 million that partially offset cash payments made during the year ended December 31, 2015 of $4.0 million to acquire $1.9 million of redeemable noncontrolling interests associated with GovDelivery and $1.4 million of redeemable noncontrolling interests associated with VelocityEHS. These transactions increased Actua’s ownership in GovDelivery from 91% to 93% and its ownership in VelocityEHS from 96% to 98%.

⁽³⁾

This amount primarily relates to accretion value adjustments of $1.0 million that partially offset cash payments made during the year ended December 31, 2016 of $5.4 million to acquire $2.5 million of redeemable noncontrolling interests associated with GovDelivery, $2.4 million of redeemable noncontrolling interests associated with VelocityEHS and $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%. Its ownership in FolioDynamix did not significantly change as a result of this repurchase.


⁽⁴⁾	This redeemable noncontrolling interests balance was eliminated with the sale of FolioDynamix which was completed on January 2, 2018.