4. gTLD Deposits

gTLD deposits consisted of the following (in thousands):


	September 30,		December 31,
	2015		2014
gTLD deposits	$	8,415	$	21,180

We paid $10.3 million during the nine months ended September 30, 2015, and $32.0 million during the year ended December 31, 2014, for certain gTLD applications under the New gTLD Program. Payments for gTLD applications represent amounts paid directly to ICANN or third parties in the pursuit of gTLD operator rights, the majority of which was paid to Donuts Inc. These deposits would be applied to the purchase of the gTLD if we are awarded the gTLD operator rights or these deposits may be returned to us if we withdraw our interest in the gTLD application. Gains on the sale of our interest in gTLDs applications are recognized when realized, while losses are recognized when deemed probable.

We transferred $25.1 million during the nine months ended September 30, 2015, and $26.5 million during the year ended December 31, 2014, to intangible assets for certain gTLD applications for which we were awarded the gTLD operator rights. When we are awarded the operator rights, the gTLD becomes available for its intended use, and we reclassify the application fees and acquisition-related costs as finite lived intangible assets.

The withdrawal of our interest in certain gTLD applications resulted in a net gain of $1.7 million and $8.6 million for the three months ended September 30, 2015 and 2014. The withdrawal of our interest in certain gTLD applications resulted in a net gain of $8.7 million and $14.3 million for the nine months ended September 30, 2015 and 2014. We recorded these gains and losses in gain on other assets, net, on the statements of operations.