Income Taxes (Tables)

9 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes consisted of the following (in thousands).

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Federal:
Current	$	—		$	(30	)	$	—		$	21
Deferred		(162	)		(1,467	)		(13,789	)		(1,065	)
		(162	)		(1,497	)		(13,789	)		(1,044	)
State:
Current		149			43			308			277
Deferred		19			(52	)		(90	)		(46	)
		168			(9	)		218			231
	$	6		$	(1,506	)	$	(13,571	)	$	(813	)

Provision (Benefit) for Income Taxes Differs from Amounts Computed by Applying Statutory Federal Corporate Tax Rate

The provision (benefit) for income taxes differs from the amounts computed by applying the statutory federal corporate tax rate of 35% to loss before income taxes as a result of the following (in thousands).

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Benefit for income taxes at statutory rate	$	(115	)	$	(1,584	)	$	(13,758	)	$	(1,061	)
Tax effect of:
Tax-exempt investment income		(10	)		(5	)		(30	)		(15	)
Change in the beginning of the period balance of the    valuation allowance for deferred tax assets allocated    to federal income taxes		(6	)		6			51			8
Stock-based compensation		12			—			29			22
State income taxes, net of federal income tax benefit    and state valuation allowance		116			(24	)		110			134
Other		9			101			27			99
	$	6		$	(1,506	)	$	(13,571	)	$	(813	)