Income Taxes (Tables)

9 Months Ended

Sep. 30, 2014

Income Tax Disclosure [Abstract]

Schedule of Net Operating Losses for Tax Purposes

The Company generated net operating losses in the U.S. (“NOLs”) during periods prior to September 30, 2014. The following table summarizes the activity for NOLs for the nine months ended September 30, 2014:

December 31, 2013	$	(140,959	)
U.S. GAAP pretax income		59,142
Income tax differences:
Temporary		627
Permanent		(20,507	)
September 30, 2014	$	(101,697	)

Summary of Gross and Tax Affected Deferred Tax Asset Recorded

A summary of the components of the gross and tax affected deferred tax asset as of September 30, 2014 is as follows:

Stock-based compensation	$	15,689
Deferred rent liability		5,703
Other		111
Total gross deferred tax asset		21,503
Income tax rate		38.38	%
Tax affected	$	8,253