Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

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, 2016	Reis Services		Other (A)			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	19,903	$	1,588		$	21,491
Accounts receivable, net		10,744		—			10,744
Prepaid and other assets		622		170			792
Total current assets		31,269		1,758			33,027
Furniture, fixtures and equipment, net		5,260		—			5,260
Intangible assets, net		17,922		—			17,922
Deferred tax asset, net		285		16,530			16,815
Goodwill		57,203		(2,378	)		54,825
Other assets		295		—			295
Total assets	$	112,234	$	15,910		$	128,144
Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—		$	—
Accrued expenses and other liabilities		3,724		307			4,031
Deferred revenue		25,031		—			25,031
Total current liabilities		28,755		307			29,062
Other long-term liabilities		1,902		—			1,902
Deferred tax liability, net		32,909		(32,909	)		—
Total liabilities		63,566		(32,602	)		30,964
Total stockholders’ equity		48,668		48,512			97,180
Total liabilities and stockholders’ equity	$	112,234	$	15,910		$	128,144
Condensed Balance Sheet Data December 31, 2015	Reis Services		Other (A)			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		253			670
Total current assets		42,835		446			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	$	16,219		$	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		—		146			146
Total current liabilities		29,793		1,543			31,336
Other long-term liabilities		284		—			284
Deferred tax liability, net		29,498		(29,498	)		—
Total liabilities		59,575		(27,955	)		31,620
Total stockholders’ equity		57,405		44,174			101,579
Total liabilities and stockholders’ equity	$	116,980	$	16,219		$	133,199

(A) Includes the assets and liabilities of the Company’s discontinued operations at December 31, 2015, and includes cash, other assets and liabilities not specifically attributable to or allocable to the Reis Services segment for both periods presented.

(amounts in thousands)
Condensed Operating Data for the Year Ended December 31, 2016	Reis Services			Other (A)			Consolidated
Revenue:
Subscription revenue	$	45,399		$	—		$	45,399
Other revenue		2,131			—			2,131
Total revenue		47,530			—			47,530
Cost of sales		10,999			—			10,999
Gross profit		36,531			—			36,531
Operating expenses:
Sales and marketing		11,879			—			11,879
Product development		4,167			—			4,167
General and administrative expenses		11,572			4,093			15,665
Total operating expenses		27,618			4,093			31,711
Other income (expenses):
Interest and other income		22			—			22
Interest expense		(108	)		—			(108	)
Total other income (expenses)		(86	)		—			(86	)
Income (loss) before income taxes and discontinued operations	$	8,827		$	(4,093	)	$	4,734
Income from discontinued operations, before income taxes	$	—		$	—		$	—
Condensed Operating Data for the Year Ended December 31, 2015	Reis Services			Other (A)			Consolidated
Revenue:
Subscription revenue	$	43,722		$	—		$	43,722
Other revenue		7,168			—			7,168
Total revenue		50,890			—			50,890
Cost of sales		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 from discontinued operations, before income taxes	$	—		$	3,643		$	3,643

(A) Includes the results of the Company’s discontinued operations for the year ended December 31, 2015 and includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the Reis Services segment for all periods presented.

(amounts in thousands)
Condensed Operating Data for the Year Ended December 31, 2014	Reis Services			Other (A)			Consolidated
Revenue:
Subscription revenue	$	39,727		$	—		$	39,727
Other revenue		1,608			—			1,608
Total revenue		41,335			—			41,335
Cost of sales		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	$	—		$	(951	)	$	(951	)

(A) Includes the results of the Company’s discontinued operations for the year ended December 31, 2014 and includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the Reis Services segment for all periods presented.

Accounts Receivable Balances of Reis Services

The following table presents the accounts receivable balances of Reis Services at December 31, 2016 and 2015:

	December 31,
	2016			2015
Accounts receivable	$	10,862,000		$	13,828,000
Allowance for doubtful accounts		(118,000	)		(87,000	)
Accounts receivable, net	$	10,744,000		$	13,741,000

Income from Discontinued Operations

Income from discontinued operations was comprised of the following for the years ended December 31, 2015 and 2014 (there were no discontinued operations activities for the year ended December 31, 2016):

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