Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

Valuation and Qualifying Accounts

	Balance at beginning of period		Additions / Charges		Deductions (1)			Balance at end of period
	(in thousands)
Year ended September 30, 2012
Valuation allowance for doubtful accounts	$	24	$	59	$	(24	)	$	59
Income tax valuation allowance	$	29,457	$	5,717	$	(4	)	$	35,170
Year ended September 30, 2013
Valuation allowance for doubtful accounts	$	59	$	89	$	—		$	148
Income tax valuation allowance	$	35,170	$	13,979	$	72		$	49,221
Three months ended December 31, 2013
Valuation allowance for doubtful accounts	$	148	$	—	$	—		$	148
Income tax valuation allowance	$	49,221	$	2,637	$	(1,083	)	$	50,775
Year ended December 31, 2014
Valuation allowance for doubtful accounts	$	148	$	106	$	—		$	254
Income tax valuation allowance	$	50,775	$	9,226	$	4		$	60,005

(1)    For the valuation allowance for doubtful accounts, deductions represent write-offs net of recoveries.

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Schedule of estimated useful lives of the assets

Property and Equipment

Property and equipment are recorded at cost. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method.

Amortization of leasehold improvements is computed using the straight-line method over the shorter of the remaining lease term or the estimated useful lives of the improvements. Maintenance and repairs are charged to expense as incurred. The estimated useful lives of the assets are as follows:

Buildings	30 years
Computer equipment	2 years
Office furniture	5 years
Leasehold improvements	5 years
Capitalized software	3 years

The Company incurs costs, primarily consisting of employee-related and third-party contractor costs, to develop and maintain its source software and other internally developed software applications. The Company expenses costs incurred during the planning and post-implementation phases of development of its solutions. During the solution development phase, costs incurred are capitalized. Capitalized software development costs are amortized over their estimated useful lives of three years. These capitalized costs are reflected as capitalized software and the amortization is charged to depreciation and amortization in the consolidated statements of operations. The Company capitalized software development costs of $5,960, $352 and $672, respectively, for the year ended December 31, 2014, three months ended December 31, 2013 and year ended September 30, 2013. All software development costs incurred during the year ended September 30, 2012 were expensed.

Schedule of estimated useful lives of the assets

The estimated useful lives of the assets are as follows:

Developed product technology	3 years
Customer relationships	5	-	10 years
Trademarks	3	-	5 years
Covenants not to compete	2	-	4 years

The Company generally employs the income method to estimate the fair value of intangible assets, which is based on forecasts of the expected future cash flows attributable to the respective assets. Significant estimates and assumptions inherent in the valuations reflect a consideration of other marketplace participants, and include the amount and timing of future cash flows (including expected growth rates and profitability), the underlying product/service life cycles, economic barriers to entry and the discount rate applied to the cash flows.

Schedule of subsegments

The breakdown of revenue between activity-driven and organization driven is as follows:

	Year Ended December 31,		Three Months Ended December 31,		Year Ended September 30,
	2014		2013		2013		2012
	(in thousands)
Activity-driven revenue	$	49,393	$	9,372	$	28,134	$	19,064
Organization-driven revenue	13,575		2,631		7,400		2,617
Total revenue	$	62,968	$	12,003	$	35,534	$	21,681

Schedule of reconciliation of changes in the fair value of derivative financial instruments

The following table sets forth a reconciliation of changes in the fair value of derivative financial instruments classified as liabilities:

	9/30/2013			9/30/2012
	(in thousands)
Balance as of October 1	$	439		$	153
Initial fair value recorded as debt discount	—			467
Change in fair value included in earnings	(439		)	(181		)
Balance as of September 30	$	—		$	439

Potential common shares excluded from the computation of diluted net loss per share

The following outstanding equity securities were excluded from the computation of diluted net loss per share available to Textura Corporation common stockholders as their inclusion would have been anti-dilutive:

	Year Ended December 31,	Three Months Ended December 31,	Year Ended September 30,
	2014	2013	2013	2012
	(in thousands)
Conversion of redeemable or convertible preferred stock	—	—	—	5,558
Conversion of Submittal Exchange Holdings Class A preferred units	—	—	—	963
Outstanding Restricted stock units	190	719	709	630
Outstanding stock options	3,499	3,747	3,302	2,446
Outstanding common and preferred warrants	1,248	1,287	1,320	1,413
Outstanding employee stock purchase plan units	3	—	0	—
Total excluded securities	4,940	5,753	5,331	11,010

Preferred stock, Submittal Exchange Holdings Class A preferred units and restricted stock units were considered contingently issuable common shares prior to the IPO and, accordingly, were not included in diluted EPS because the contingency had not been met. The table also excludes conversion of 2011 Debentures, because the number of shares upon conversion could not be calculated until an initial public offering.