Income Taxes (Tables)

6 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

(Benefit) Provision for Income Taxes

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017		2016
Federal:
Current	$	(92	)	$	—		$	30	$	—
Deferred		(398	)		(10,665	)		229		(13,627	)
		(490	)		(10,665	)		259		(13,627	)
State:
Current		(70	)		60			10		159
Deferred		(17	)		(103	)		—		(109	)
		(87	)		(43	)		10		50
	$	(577	)	$	(10,708	)	$	269	$	(13,577	)

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

The (benefit) provision 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						Six Months Ended
	June 30,						June 30,
	2017			2016			2017		2016
(Benefit) provision for income taxes at statutory rate	$	(518	)	$	(10,712	)	$	34	$	(13,643	)
Tax effect of:
Tax-exempt investment income		—			(10	)		—		(20	)
Stock option expirations		—			13			229		17
State income taxes, net of federal income tax benefit    and state valuation allowance		(63	)		(65	)		6		(6	)
Other		4			66			—		75
	$	(577	)	$	(10,708	)	$	269	$	(13,577	)