Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2016

Discontinued Operations And Disposal Groups [Abstract]

Summary Results of Operations for Discontinued Operations

The summary of unaudited results of operations for our discontinued operations for the quarters and years to date ended June 30, 2016 and 2015 were as follows (dollars in thousands):

	For the Quarter Ended June 30,						For the Year to Date Ended June 30,
	2016			2015			2016			2015
Revenue	$	-		$	(29	)	$	-		$	3
Total operating expenses	$	1,255		$	698		$	1,381		$	1,089
Loss before income tax	$	(1,255	)	$	(720	)	$	(1,381	)	$	(1,072	)
Benefit from income tax		(470	)		-			(517	)		-
Loss from discontinued operations, net of tax	$	(785	)	$	(720	)	$	(864	)	$	(1,072	)
Net loss per share - Basic and Diluted	$	(0.01	)	$	(0.02	)	$	(0.01	)	$	(0.01	)

Assets and Liabilities of Discontinued Operations on Consolidated Balance Sheets

Assets and liabilities of discontinued operations on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 include the following (dollars in thousands):

	June 30,		December 31,
	2016		2015
Assets:
Current assets:
Receivables, net	$	159	$	254
Total current assets		159		254
Non-current assets:
Other assets, net		603		720
Deferred income tax assets, net		8,091		8,091
Total assets of discontinued operations	$	8,853	$	9,065
Liabilities:
Current liabilities:
Accounts payable and accrued expenses	$	2	$	528
Remaining lease obligations		9,374		12,539
Total current liabilities		9,376		13,067
Non-current liabilities:
Remaining lease obligations		6,775		9,212
Other		165		164
Total liabilities of discontinued operations	$	16,316	$	22,443

Changes in Future Remaining Lease Obligations Discontinued Operations

Changes in our future remaining lease obligations, which are reflected within current and non-current liabilities of discontinued operations on our condensed consolidated balance sheets, for the quarters and years to date ended June 30, 2016 and 2015 were as follows (dollars in thousands):

	Balance, Beginning of Period		Charges Incurred ⁽¹⁾			Net Cash Payments			Other		Balance, End of Period
For the quarter ended June 30, 2016	$	17,669	$	743		$	(2,263	)	$	-	$	16,149
For the quarter ended June 30, 2015	$	31,605	$	157		$	(3,769	)	$	-	$	27,993
For the year to date ended June 30, 2016	$	21,751	$	401		$	(6,003	)	$	-	$	16,149
For the year to date ended June 30, 2015	$	37,616	$	(413	)	$	(9,210	)	$	-	$	27,993

(1)	Includes charges for newly vacated spaces and subsequent adjustments for accretion, revised estimates and variances between estimated and actual charges, net of any reversals for terminated lease obligations.