Discontinued Operations (Tables)

As of December 31, 2012, the associated assets and liabilities of the Angel.com business are classified as held-for-sale and are presented in the following table (in thousands):


	December 31, 2012
Assets:
Cash and cash equivalents	$	1,350
Accounts receivable, net of unpaid deferred revenue of $554 and allowance for doubtful accounts of $347, respectively		4,720
Prepaid expenses and other assets		738
Property and equipment, net		3,763

Total assets	$	10,571


Liabilities:
Accounts payable and accrued expenses	$	1,587
Accrued compensation and employee benefits		2,364
Gross deferred revenue and advance payments, net of unpaid deferred revenue of $554		639
Other liabilities		99

Total liabilities	$	4,689


Net assets and liabilities of disposal group	$	5,882

The following table summarizes the revenues and pre-tax loss generated by the Angel.com business during the three and nine months ended September 30, 2013 and 2012, respectively, in addition to the pre-tax gain on the sale of Angel.com recorded by the Company during the three and nine months ended September 30, 2013 and 2012, respectively (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
Angel.com revenues	$	0	$	7,150	$	6,320	$	20,415

Angel.com pre-tax loss	$	0	$	590	$	986	$	2,781

MicroStrategy pre-tax (loss) gain on sale	$	0	$	0	$	94,925	$	0

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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