INCOME TAXES

The current and deferred components of the income tax provision included in the Consolidated Statements of Operations are as follows:



	Three Months Ended March 31,
	2019		2018
Current:
Federal	$	19	$	129
State and local	65		19
Foreign	52		17
Total current provision	136		165

Deferred:
Federal	103		288
State and local	29		42
Foreign	185		—
Total deferred provision	317		330

Total provision for income taxes	$	453	$	495

We are taxed as a flow-through entity for U.S. income tax purposes and our taxable income or loss generated is the responsibility of our owners. Taxable income or loss generated by our corporate subsidiaries is subject to U.S. federal, state and foreign corporate income tax in locations where they conduct business.

Our effective tax rate differs from the U.S. federal tax rate of 21% primarily due to a significant portion of our income not being subject to U.S. corporate tax rates, or being deemed to be foreign sourced and thus either not taxable or taxable at effectively lower tax rates.

As of and for the three months ended March 31, 2019, we had not established a liability for uncertain tax positions as no such positions existed. In general, our tax returns and the tax returns of our corporate subsidiaries are subject to U.S. federal, state, local and foreign income tax examinations by tax authorities. Generally, we are not subject to examination by taxing authorities for tax years prior to 2015. We do not believe that it is reasonably possible that the total amount of unrecognized tax benefits will significantly change within 12 months of the reporting date of March 31, 2019.