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ASSET SALE AND SUBSIDIARY SALE TRANSACTIONS ASSET SALE AND SUBSIDIARY SALE TRANSACTIONS (Tables)
9 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of gains on sale of disposal group
The following table summarizes the calculation of the gain on sale of The Palisades Group recognized:
 
Three Months Ended September 30, 2016
 
(In thousands)
Consideration received (paid)
 
Liabilities forgiven by The Palisades Group
$
1,862

Liabilities assumed by the Company
(1,078
)
The Note
2,370

Aggregate fair value of consideration received
3,154

Less: net assets sold (carrying amount of The Palisades Group)
(540
)
Gain on sale of The Palisades Group
$
3,694