Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

The following financial information presents the results of operations of the Advertising Business for the three and nine months ended September 30, 2015.


	Three months ended September 30, 2015			Nine months ended September 30, 2015
Revenue	$	47		$	218

Pretax income/ (loss) from operations of discontinued operations	$	26		$	(1,236	)
Pretax gain/ (loss) on disposal of discontinued operations		376			(41,095	)
Income taxes		—			(127	)

Net income/(loss) from discontinued operations		402			(42,458	)
Less: Non-controlling interests		789			(508	)

Net loss from discontinued operations attributable to IDI, Inc.	$	(387	)	$	(41,950	)

Schedule of Gain (Loss) on Disposal Activity

The Company recorded a gain on disposal of the Advertising Business of $376 for the three months ended September 30, 2015, and a loss on disposal of the Advertising Business of $41,095 for the nine months ended September 30, 2015, the majority of which are non-cash charges, pursuant to the following:


	Three months ended September 30, 2015			Nine months ended September 30, 2015
Write-off of goodwill	$	—		$	(35,472	)
Write-off of intangible assets		—			(4,080	)
Write-off of long-term deferred assets		—			(517	)
Lease agreements early termination compensation expenses		—			(1,211	)
Employee severance compensation expenses		—			(191	)
Gain on write-off of acquisition consideration payable		463			463
Loss on disposal of equity interests		(87	)		(87	)

Gain/(loss) on disposal of discontinued operations	$	376		$	(41,095	)