Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Components of Income Tax Expense (Benefit)

The (benefit) provision for income taxes included the following components:



(in thousands)	2014			2013		2012
Current:
Federal	$	—		$	—	$	—
State	173			56		46
Total Current	173			56		46

Deferred:
Federal	(957		)	—		—
State	(107		)	—		—
Total Deferred	(1,064		)	—		—
(Benefit) provision for income taxes	$	(891	)	$	56	$	46

Schedule of Effective Income Tax Rate Reconciliation

The following table reconciles the income tax benefit included in the combined and consolidated statement of operations with income tax expense that would result from application of the statutory federal tax rate, 34%, to loss before income tax expense:



(in thousands)	2014
Expected benefit at federal statutory rate	$	(1,753	)
Increase (decrease) resulting from:
Noncontrolling interest	1,451
Corporate costs	(607		)
State income taxes, net of federal income tax effect	69
Other	(51		)
Benefit for income taxes	$	(891	)

Schedule of Deferred Tax Assets

The components of the Company’s deferred tax assets as of December 31, 2014 are as follows:



(in thousands)	2014
Current deferred tax assets:
Net operating loss carryforward	$	654
Non-current deferred tax assets:
Investment in Spark HoldCo	16,171
Benefit of TRA liability	7,817
Net operating loss carryforward	59
Total non-current deferred tax assets	24,047
Total deferred tax assets	$	24,701