Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Total income tax (benefit) expense from continuing operations was allocated as follows:  

(in thousands)	Year ended December 31,
	2017			2016			2015
Current taxes:
Federal taxes	$	(10,444	)	$	(7,296	)	$	(144	)
State taxes	—			—			—
Foreign taxes	—			—			—
Current taxes	$	(10,444	)	$	(7,296	)	$	(144	)
Deferred taxes:
Federal taxes	$	(1,045	)	$	—		$	—
State taxes	—			—			—
Foreign taxes	—			—			—
Deferred taxes	$	(1,045	)	$	—		$	—
Income tax (benefit) expense	$	(11,489	)	$	(7,296	)	$	(144	)

Schedule of Deferred Tax Assets and Liabilities

Actua’s net deferred tax assets (liabilities) consists of the following:

(in thousands)	As of December 31,
	2017			2016
Deferred tax assets:
Net operating loss and capital loss carryforward - 382 limited	$	18,824		$	43,916
Net operating loss carryforward - not 382 limited	15,725			31,576
Company basis difference	12,808			22,984
Reserves and accruals	2,426			189
Equity-based compensation expense	542			11,908
AMT and other credits	349			—
Other, net	398			1,568
Total deferred tax assets	51,072			112,141
Valuation allowance	(51,072		)	(112,141		)
Total deferred tax assets, net of valuation allowance	$	—		$	—

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rate for continuing operations differs from the federal statutory rate as follows:

	Year ended December 31,
	2017		2016		2015
Tax expense (benefit) at statutory rate	(35.0	)%	(35.0	)%	(35.0	)%
Non-deductible expenses and other	(74.8	)%	1.1	%	3.8	%
Valuation allowance	15.4	%	(1.1	)%	30.8	%
Change in federal statutory tax rate	60.4	%	—	%	—	%
Effective tax rate	(34.0	)%	(35.0	)%	(0.4	)%