Investments (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

A summary of assumptions used in connection with estimating the relative fair values were as follows:



Valuation Technique	Significant Unobservable Inputs	Range of Inputs
Monte Carlo simulation model	Volatility	40	%	-	50%
	Marketability discount	7%
	Scenario probabilities	25	%	-	75%

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The loan and warrants are reflected in the accompanying financial statements as follows (in thousands):



	August 15, 2016 (Effective Date)		As of and For the Three Months Ended September 30, 2016
Loan receivable	$	8,280	$	8,280
Accretion on loan discount	—		194
Adjusted Veritone Loan balance	—		8,474
Investment at cost	1,720		1,720
Total	$	10,000	$	10,194

Interest receivable			$	75
Interest income			$	269

The loan discount, representing the difference between the face amount of the First Loan and the relative fair value allocated to the First Loan, is accreted over the expected life of the loan, which is one year, using the effective interest method, with the related interest amounts reflected in Other Income in the consolidated statement of operations. Acacia will re-evaluate its variable interest in Veritone and related accounting conclusions and disclosure requirements each reporting period.