Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Condensed Balance Sheet and Operating Data for Segments

The following tables present condensed balance sheet and operating data for these segments:

(amounts in thousands)
Condensed Balance Sheet Data December 31, 2013	Reis Services		Discontinued Operations (A)			Other (B)			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	10,347	$	—		$	213		$	10,560
Restricted cash and investments		217		—			—			217
Accounts receivable, net		11,386		—			—			11,386
Prepaid and other assets		187		—			2,601			2,788
Assets attributable to discontinued operations		—		—			9			9
Total current assets		22,137		—			2,823			24,960
Furniture, fixtures and equipment, net		829		—			24			853
Intangible assets, net		15,687		—			—			15,687
Deferred tax asset, net		285		—			21,032			21,317
Goodwill		57,203		—			(2,378	)		54,825
Other assets		225		—			—			225
Total assets	$	96,366	$	—		$	21,501		$	117,867
Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—		$	—		$	—
Accrued expenses and other liabilities		2,623		—			956			3,579
Liability for option cancellations		—		—			268			268
Deferred revenue		20,284		—			—			20,284
Liabilities attributable to discontinued operations		—		271			71			342
Total current liabilities		22,907		271			1,295			24,473
Other long-term liabilities		523		—			—			523
Deferred tax liability, net		18,957		—			(18,957	)		—
Total liabilities		42,387		271			(17,662	)		24,996
Total stockholders’ equity		53,979		(271	)		39,163			92,871
Total liabilities and stockholders’ equity	$	96,366	$	—		$	21,501		$	117,867

(A) Includes the assets and liabilities of the Company’s discontinued Residential Development Activities segment, to the extent that such assets and liabilities existed at the date presented.

(B) Includes cash, other assets and liabilities not specifically attributable to or allocable to a specific operating segment.

(amounts in thousands)
Condensed Balance Sheet Data December 31, 2012	Reis Services		Discontinued Operations (A)			Other (B)			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	4,212	$	—		$	749		$	4,961
Restricted cash and investments		216		—			—			216
Accounts receivable, net		10,694		—			—			10,694
Prepaid and other assets		219		—			1,220			1,439
Total current assets		15,341		—			1,969			17,310
Furniture, fixtures and equipment, net		705		—			33			738
Intangible assets, net		16,333		—			—			16,333
Deferred tax asset, net		—		—			8,557			8,557
Goodwill		57,203		—			(2,378	)		54,825
Other assets		271		—			—			271
Total assets	$	89,853	$	—		$	8,181		$	98,034
Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—		$	—		$	—
Accrued expenses and other liabilities		2,556		—			1,346			3,902
Liability for option cancellations		—		—			297			297
Deferred revenue		18,230		—			—			18,230
Liabilities attributable to discontinued operations		—		271			189			460
Total current liabilities		20,786		271			1,832			22,889
Other long-term liabilities		588		—			—			588
Deferred tax liability, net		15,786		—			(15,786	)		—
Total liabilities		37,160		271			(13,954	)		23,477
Total stockholders’ equity		52,693		(271	)		22,135			74,557
Total liabilities and stockholders’ equity	$	89,853	$	—		$	8,181		$	98,034

(A) Includes the assets and liabilities of the Company’s discontinued Residential Development Activities segment, to the extent that such assets and liabilities existed at the date presented.

(B) Includes cash, other assets and liabilities not specifically attributable to or allocable to a specific operating segment.

Condensed Operating Data for the Year Ended December 31, 2013	Reis Services			Discontinued Operations (A)			Other (B)			Consolidated
Subscription revenue	$	34,721		$	—		$	—		$	34,721
Cost of sales of subscription revenue		6,974			—			—			6,974
Gross profit		27,747			—			—			27,747
Operating expenses:
Sales and marketing		8,350			—			—			8,350
Product development		3,122			—			—			3,122
General and administrative expenses		6,989			—			4,920			11,909
Total operating expenses		18,461			—			4,920			23,381
Other income (expenses):
Interest and other income		10			—			—			10
Interest expense		(113	)		—			—			(113	)
Total other income (expenses)		(103	)		—			—			(103	)
Income (loss) before income taxes and discontinued operations	$	9,183		$	—		$	(4,920	)	$	4,263
(Loss) from discontinued operations, before income taxes	$	—		$	(9	)	$	(557	)	$	(566	)

(A) Includes the results of the Company’s discontinued Residential Development Activities segment, to the extent that such operations existed during the periods presented.

(B) Includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the operating segments.

(amounts in thousands)
Condensed Operating Data for the Year Ended December 31, 2012	Reis Services			Discontinued Operations (A)			Other (B)			Consolidated
Subscription revenue	$	31,229		$	—		$	—		$	31,229
Cost of sales of subscription revenue		6,617			—			—			6,617
Gross profit		24,612			—			—			24,612
Operating expenses:
Sales and marketing		7,643			—			—			7,643
Product development		2,485			—			—			2,485
General and administrative expenses		6,696			—			5,098			11,794
Total operating expenses		16,824			—			5,098			21,922
Other income (expenses):
Interest and other income		50			—			1			51
Interest expense		(155	)		—			—			(155	)
Total other income (expenses)		(105	)		—			1			(104	)
Income (loss) before income taxes and discontinued operations	$	7,683		$	—		$	(5,097	)	$	2,586
(Loss) from discontinued operations, before income taxes	$	—		$	(393	)	$	(11,904	)	$	(12,297	)
Condensed Operating Data for the Year Ended December 31, 2011	Reis Services			Discontinued Operations (A)			Other (B)			Consolidated
Subscription revenue	$	27,180		$	—		$	—		$	27,180
Cost of sales of subscription revenue		6,305			—			—			6,305
Gross profit		20,875			—			—			20,875
Operating expenses:
Sales and marketing		6,704			—			—			6,704
Product development		2,093			—			—			2,093
General and administrative expenses		6,376			—			4,719			11,095
Total operating expenses		15,173			—			4,719			19,892
Other income (expenses):
Interest and other income		72			—			5			77
Interest expense		(274	)		—			—			(274	)
Total other income (expenses)		(202	)		—			5			(197	)
Income (loss) before income taxes and discontinued operations	$	5,500		$	—		$	(4,714	)	$	786
(Loss) from discontinued operations, before income taxes	$	—		$	(2,975	)	$	—		$	(2,975	)

(A) Includes the results of the Company’s discontinued Residential Development Activities segment, to the extent that such operations existed during the periods presented.

(B) Includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the operating segments.

Accounts Receivable Balances of Reis Services

The following table presents the accounts receivable balances of Reis Services at December 31, 2013 and 2012:

	December 31,
	2013			2012
Accounts receivable	$	11,465,000		$	10,763,000
Allowance for doubtful accounts		(79,000	)		(69,000	)
Accounts receivable, net	$	11,386,000		$	10,694,000

Income (Loss) from Discontinued Operations

Income (loss) from discontinued operations is comprised of the following:

	For the Years Ended December 31,
	2013			2012			2011
Revenue from sales of real estate	$	—		$	—		$	1,800,000
Cost of sales of real estate		—			—			(288,000	)
Litigation charge, net of recoveries (see Note 10)		80,000			(11,547,000	)		(4,460,000	)
Other income (expense), net		(646,000	)		(750,000	)		(27,000	)
(Loss) from discontinued operations before income tax		(566,000	)		(12,297,000	)		(2,975,000	)
Income tax benefit from discontinued operations		(230,000	)		—			—
(Loss) from discontinued operations, net of income tax benefit	$	(336,000	)	$	(12,297,000	)	$	(2,975,000	)