INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of Federal and State Income Tax Provision

The Company’s federal and state income tax expense (benefit) from continuing operations for the three months and six months ended June 30, 2016 and 2015 is summarized in the following table (in thousands):

	Three Months Ended   June 30,					Six Months Ended   June 30,
	2016		2015			2016		2015
Current
Federal	$	—	$	—		$	—	$	—
State	25		29			25		30
Total current	25		29			25		30
Deferred
Federal	108		(16,816		)	125		(15,188		)
State	16		(3,134		)	22		(2,835		)
Total deferred	124		(19,950		)	147		(18,023		)
Total income tax expense (benefit)	$	149	$	(19,921	)	$	172	$	(17,993	)

Reconciliation of the Income Tax Rate

The Company’s reconciliation of the statutory rate from continuing operations to the effective income tax rate for the three months and six months ended June 30, 2016 and 2015 is summarized as follows (in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2016			2015			2016			2015
Tax benefit at statutory rate	$	(2,844	)	$	(92,080	)	$	(6,271	)	$	(96,972	)
State tax benefit, net of federal taxes	3			11			3			11
Valuation allowance changes affecting income tax provision	1,926			31,098			5,314			37,879
Goodwill impairment	—			40,977			—			40,977
Non-deductible transaction costs and other	1,064			73			1,126			112
Income tax expense (benefit)	$	149		$	(19,921	)	$	172		$	(17,993	)