Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes

Schedule of income tax benefit

The following is a summary of our income tax benefit:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Current tax benefit (expense)	$	1,232	$	(34)	$	20
Deferred tax benefit		3,033		1,336		718
Income tax benefit	$	4,265	$	1,302	$	738

Schedule of deferred tax assets and liabilities

	December 31,
	2020		2019
	(In thousands)
Deferred tax assets:
Accrued bonus	$	1,921	$	721
NOL		2,770		915
Deferred revenue		—		626
Capital loss		1,283		—
Charitable contributions		1,533		435
Other		265		217
Total deferred tax assets		7,772		2,914
Valuation allowance		(2,072)		(523)
Total deferred tax assets, net of valuation allowance		5,700		2,391
Deferred tax liabilities:
Basis difference - intangible assets		(5,887)		(7,412)
Basis difference - real estate		(2,164)		—
Other		(158)		(521)
Total deferred tax liabilities		(8,209)		(7,933)
Net deferred tax liability	$	(2,509)	$	(5,542)