Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015	Reis Services		Discontinued     Operations (A)		Other (B)		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	28,465	$	—	$	193	$	28,658
Restricted cash and investments		212		—		—		212
Accounts receivable, net		13,741		—		—		13,741
Prepaid and other assets		417		60		193		670
Total current assets		42,835		60		386		43,281
Furniture, fixtures and equipment, net		798		—		6		804
Intangible assets, net		15,687		—		—		15,687
Deferred tax asset, net		285		—		18,145		18,430
Goodwill		57,203		—		(2,378)		54,825
Other assets		172		—		—		172
Total assets	$	116,980	$	60	$	16,159	$	133,199
Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—	$	—	$	—
Accrued expenses and other liabilities		4,502		—		1,397		5,899
Deferred revenue		25,291		—		—		25,291
Liabilities attributable to discontinued operations		—		120		26		146
Total current liabilities		29,793		120		1,423		31,336
Other long-term liabilities		284		—		—		284
Deferred tax liability, net		29,498		—		(29,498)		—
Total liabilities		59,575		120		(28,075)		31,620
Total stockholders’ equity		57,405		(60)		44,234		101,579
Total liabilities and stockholders’ equity	$	116,980	$	60	$	16,159	$	133,199
Condensed Balance Sheet Data December 31, 2014	Reis Services		Discontinued Operations (A)		Other (B)		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	17,562	$	—	$	183	$	17,745
Restricted cash and investments		213		—		—		213
Accounts receivable, net		12,627		—		—		12,627
Prepaid and other assets		213		—		156		369
Total current assets		30,615		—		339		30,954
Furniture, fixtures and equipment, net		836		—		15		851
Intangible assets, net		14,681		—		—		14,681
Deferred tax asset, net		285		—		22,152		22,437
Goodwill		57,203		—		(2,378)		54,825
Other assets		140		—		—		140
Total assets	$	103,760	$	—	$	20,128	$	123,888
Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—	$	—	$	—
Accrued expenses and other liabilities		3,157		—		1,014		4,171
Deferred revenue		22,885		—		—		22,885
Liabilities attributable to discontinued operations		—		271		28		299
Total current liabilities		26,042		271		1,042		27,355
Other long-term liabilities		420		—		—		420
Deferred tax liability, net		23,108		—		(23,108)		—
Total liabilities		49,570		271		(22,066)		27,775
Total stockholders’ equity		54,190		(271)		42,194		96,113
Total liabilities and stockholders’ equity	$	103,760	$	—	$	20,128	$	123,888
(A)      Includes the assets and liabilities of the Company’s discontinued operations, 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 Operating Data for the Year Ended December 31, 2015	Reis Services		Discontinued     Operations (A)		Other (B)		Consolidated
Subscription revenue	$	50,890	$	—	$	—	$	50,890
Cost of sales of subscription revenue		9,081		—		—		9,081
Gross profit		41,809		—		—		41,809
Operating expenses:
Sales and marketing		11,701		—		—		11,701
Product development		3,711		—		—		3,711
General and administrative expenses		9,892		—		4,375		14,267
Total operating expenses		25,304		—		4,375		29,679
Other income (expenses):
Interest and other income		38		—		—		38
Interest expense		(92)		—		—		(92)
Total other income (expenses)		(54)		—		—		(54)
Income (loss) before income taxes and discontinued operations	$	16,451	$	—	$	(4,375)	$	12,076
Income (loss) from discontinued operations, before income taxes	$	—	$	(8)	$	3,651	$	3,643
Condensed Operating Data for the Year Ended December 31, 2014	Reis Services		Discontinued Operations (A)		Other (B)		Consolidated
Subscription revenue	$	41,335	$	—	$	—	$	41,335
Cost of sales of subscription revenue		8,037		—		—		8,037
Gross profit		33,298		—		—		33,298
Operating expenses:
Sales and marketing		10,235		—		—		10,235
Product development		3,473		—		—		3,473
General and administrative expenses		7,940		—		4,101		12,041
Total operating expenses		21,648		—		4,101		25,749
Other income (expenses):
Interest and other income		22		—		—		22
Interest expense		(113)		—		—		(113)
Total other income (expenses)		(91)		—		—		(91)
Income (loss) before income taxes and discontinued operations	$	11,559	$	—	$	(4,101)	$	7,458
(Loss) from discontinued operations, before income taxes	$	—	$	(31)	$	(920)	$	(951)

(A)	Includes the results of the Company’s discontinued operations 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, 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 operations 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, 2015 and 2014:

	December 31,
	2015		2014
Accounts receivable	$	13,828,000	$	12,679,000
Allowance for doubtful accounts		(87,000)		(52,000)
Accounts receivable, net	$	13,741,000	$	12,627,000

Income (Loss) from Discontinued Operations

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

	For the Years Ended December 31,
	2015		2014		2013
Litigation recoveries	$	4,839,000	$	26,000	$	80,000
Other (expenses), net		(1,196,000)		(977,000)		(646,000)
Income (loss) from discontinued operations before income tax		3,643,000		(951,000)		(566,000)
Income tax expense (benefit) from discontinued operations		1,409,000		(382,000)		(230,000)
Income (loss) from discontinued operations, net of income tax expense (benefit)	$	2,234,000	$	(569,000)	$	(336,000)