Income Taxes	9 Months Ended
Apr. 30, 2016
Income Taxes [Abstract]
Income Taxes	Note 8—Income Taxes As a result of its corporate structure, Straight Path and its subsidiaries file the following income tax returns. Straight Path Spectrum files its own tax returns. There is no provision for Straight Path Spectrum for Fiscal 2016 and Fiscal 2015 as it incurred a taxable loss in both periods. In addition, there is a 100% valuation allowance against the net operating losses generated by Straight Path Spectrum at both April 30, 2016 and 2015. Straight Path Ventures files its own tax returns. There is no provision for Straight Path Ventures for Fiscal 2016 and Fiscal 2015 as it incurred a taxable loss in both periods. In addition, since it is a partnership return, its results are passed to its partners, both of which are included in the consolidated tax return of Straight Path. The operations of Straight Path IP Group are included in the consolidated tax return of Straight Path. There is no provision for Straight Path for the nine months ended April 30, 2016 and 2015 as it incurred a taxable loss in both periods. In addition, there is a 100% valuation allowance against the net operating losses generated by Straight Path at April 30, 2016. The benefit in Fiscal 2016 represents a federal refund from a prior year net of current state income and franchise taxes. The provision for income taxes for the nine months ended April 30, 2015 consisted solely of certain state income taxes. The provision for income tax benefits for the three months ended April 30, 2015 consisted primarily of the reversal of income taxes previously accrued during the first and second quarters for the year ended April 30, 2015 as a result of the use of certain suspended losses.

Income Taxes

9 Months Ended

Apr. 30, 2016

Note 8—Income Taxes

As a result of its corporate structure, Straight Path and its subsidiaries file the following income tax returns.

Straight Path Spectrum files its own tax returns. There is no provision for Straight Path Spectrum for Fiscal 2016 and Fiscal 2015 as it incurred a taxable loss in both periods. In addition, there is a 100% valuation allowance against the net operating losses generated by Straight Path Spectrum at both April 30, 2016 and 2015.

Straight Path Ventures files its own tax returns. There is no provision for Straight Path Ventures for Fiscal 2016 and Fiscal 2015 as it incurred a taxable loss in both periods. In addition, since it is a partnership return, its results are passed to its partners, both of which are included in the consolidated tax return of Straight Path.

The operations of Straight Path IP Group are included in the consolidated tax return of Straight Path. There is no provision for Straight Path for the nine months ended April 30, 2016 and 2015 as it incurred a taxable loss in both periods. In addition, there is a 100% valuation allowance against the net operating losses generated by Straight Path at April 30, 2016. The benefit in Fiscal 2016 represents a federal refund from a prior year net of current state income and franchise taxes.

The provision for income taxes for the nine months ended April 30, 2015 consisted solely of certain state income taxes. The provision for income tax benefits for the three months ended April 30, 2015 consisted primarily of the reversal of income taxes previously accrued during the first and second quarters for the year ended April 30, 2015 as a result of the use of certain suspended losses.