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Goodwill
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

Note 8. Goodwill

The following table presents the change in goodwill from December 31, 2015 through December 31, 2016 (in thousands):

 

Balance as of December 31, 2015

   $ 1,909,167   

Goodwill recorded in connection with the acquisition of Naked Apartments

     10,610   

Goodwill recorded in connection with the acquisition of Bridge Interactive

     4,899   

Reduction of goodwill in connection with the divestiture of a business

     (1,196
  

 

 

 

Balance as of December 31, 2016

   $ 1,923,480   
  

 

 

 

The goodwill recorded in connection with the acquisitions of Naked Apartments and Bridge Interactive, which includes intangible assets that do not qualify for separate recognition, is not deductible for tax purposes.