Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.6.0.2
Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current:      
Federal $ 1,556 $ (4,234) $ 510
State and local 853 (862) 473
Total current income tax expense 2,409 (5,096) 983
Deferred:      
Federal (493,890) 23,512 62,014
State and local (66,888) 1,452 4,689
Total deferred income tax expense (560,778) 24,964 66,703
Income tax benefit (expense) $ (558,369) 19,868 67,686
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) $ (516,485) 24,519 70,802
State and local taxes, net of federal income taxes (42,995) 1,786 2,657
Foreign taxes, net of foreign tax credits (1,180) (59)  
Change in valuation allowance 683 612 (2,154)
Dividends received deduction 931 752 819
Change in tax rate 45 (179) (998)
Impairment of intangible assets not deductible for tax purposes   (7,234) (6,452)
Derivative instruments 396    
Loss on liquidation of subsidiary     3,082
Other 236 (329) (70)
Income tax benefit (expense) (558,369) 19,868 67,686
Increase (decrease) in valuation allowance 683    
Deferred tax assets:      
Net operating loss and tax credit carryforwards 23,017 12,585  
Deferred Tax Assets, Investments   45,195  
Accrued stock-based compensation 4,812 2,896  
Deferred revenue 1,721 1,880  
Other 2,073 2,254  
Total deferred tax assets 31,623 64,810  
Less: valuation allowance (6,945) (7,628)  
Net deferred tax assets 24,678 57,182  
Deferred tax liabilities:      
Investments (527,151)    
Intangible assets (2,170) (1,795)  
Other (1) (19)  
Total deferred tax liabilities (529,322) (1,814)  
Deferred Tax Assets, Total   55,368  
Net deferred tax liability 504,644    
Continuing operations      
Deferred:      
Total deferred income tax expense $ (560,778) $ 24,964 $ 66,703