Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2016

Discontinued Operations And Disposal Groups [Abstract]

Summary Results of Operations for Discontinued Operations

The summary of unaudited results of operations for our discontinued operations for the quarters ended March 31, 2016 and 2015 were as follows (dollars in thousands):

	For the Quarter Ended March 31,
	2016			2015
Revenue	$	-		$	32
Total expenses	$	126		$	384
Loss before income tax	$	(126	)	$	(352	)
Benefit from income tax		(47	)		-
Loss from discontinued operations, net of tax	$	(79	)	$	(352	)
Net loss per share - Basic	$	-		$	(0.01	)
Net loss per share - Diluted	$	-		$	(0.01	)

Assets and Liabilities of Discontinued Operations on Consolidated Balance Sheets

Assets and liabilities of discontinued operations on our condensed consolidated balance sheets as of March 31, 2016 and December 31, 2015 include the following (dollars in thousands):

	March 31,		December 31,
	2016		2015
Assets:
Current assets:
Receivables, net	$	225	$	254
Total current assets		225		254
Non-current assets:
Other assets, net		660		720
Deferred income tax assets, net		8,091		8,091
Total assets of discontinued operations	$	8,976	$	9,065
Liabilities:
Current liabilities:
Accounts payable and accrued expenses	$	26	$	528
Remaining lease obligations		9,758		12,539
Total current liabilities		9,784		13,067
Non-current liabilities:
Remaining lease obligations		7,911		9,212
Other		164		164
Total liabilities of discontinued operations	$	17,859	$	22,443

Changes in Future Remaining Lease Obligations Discontinued Operations

Changes in our future remaining lease obligations, which are reflected within current and non-current liabilities of discontinued operations on our condensed consolidated balance sheets, for the quarters ended March 31, 2016 and 2015 were as follows (dollars in thousands):

Balance,

Beginning

of Period

Charges

Incurred ⁽¹⁾

Net Cash

Payments

Other

Balance,

End of

Period

For the quarter ended March 31, 2016

21,751

(342

)

(3,740

)

17,669

For the quarter ended March 31, 2015

37,616

(570

)

(5,441

)

31,605

(1)	Includes charges for newly vacated spaces and subsequent adjustments for accretion, revised estimates and variances between estimated and actual charges, net of any reversals for terminated lease obligations.