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Other Income (Loss)
9 Months Ended
Sep. 30, 2014
Other Income And Expenses [Abstract]  
Other Income (Loss)

11. Other Income (Loss)

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, for the three and nine months ended September 30, 2014 and 2013, is comprised of the following (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

(in thousands)

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (loss) on sales / distributions of ownership interests

$

-

 

 

$

-

 

 

$

811

 

 

$

-

 

Other (including other income (loss) of consolidated businesses)

 

83

 

 

 

(68

)

 

 

209

 

 

 

(178

)

 

$

83

 

 

$

(68

)

 

$

1,020

 

 

$

(178

)

 

 

During the nine months ended September 30, 2014, Actua received a distribution related to the sale of WhiteFence in 2013 in the amount of $0.5 million and recorded a gain in that amount, which is included in the line item “Gain (loss) on sales/distributions of ownership interests” for the nine months ended September 30, 2014 in the table above.

On December 30, 2011, StarCite was sold to The Active Network, Inc. (“Active”). During the nine months ended September 30, 2014, in conjunction with the final release of escrowed proceeds, Actua received cash of $0.3 million and recorded a gain in that amount, which is included in the line item “Gain (loss) on sales/distributions of ownership interests” for the nine months ended September 30, 2014 in the table above.