Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.3.1.900
Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Current:      
Federal $ (4,234) $ 510 $ (5,124)
State and local (862) 473 (3,102)
Total current income tax expense (5,096) 983 (8,226)
Deferred:      
Federal 23,512 62,014 26,735
State and local 1,452 4,689 4,189
Total deferred income tax expense 24,964 66,703 30,924
Income tax benefit (expense) $ 19,868 67,686 22,698
Differences between provision for income taxes and income tax expense computed by applying federal rates      
US federal income tax rate 35.00%    
Computed expected tax benefits (expense) $ 24,519 70,802 22,549
State and local taxes, net of federal income taxes 1,786 2,657 2,462
Foreign taxes, net of foreign tax credits (59)   (751)
Change in valuation allowance 612 (2,154) (986)
Dividends received deduction 752 819 1,506
Change in tax rate (179) (998) (1,756)
Impairment of intangible assets not deductible for tax purposes (7,234) (6,452)  
Loss on liquidation of subsidiary   3,082  
Other (329) (70) (326)
Income tax benefit (expense) 19,868 67,686 22,698
Increase (decrease) in valuation allowance 612    
Deferred tax assets:      
Net operating loss carryforwards 12,585 20,201  
Deferred Tax Assets, Investments 45,195    
Accrued stock-based compensation 2,896 943  
Deferred revenue 1,880 16,490  
Other 2,254 6,759  
Total deferred tax assets 64,810 44,393  
Less: valuation allowance (7,628) (8,240)  
Net deferred tax assets 57,182 36,153  
Deferred tax liabilities:      
Investments   (1,252)  
Intangible assets (1,795) (4,039)  
Other (19) (40)  
Total deferred tax liabilities (1,814) (5,331)  
Deferred Tax Assets, Net, Total 55,368 30,822  
Continuing operations      
Deferred:      
Total deferred income tax expense $ 24,964 $ 66,703 $ 30,924