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Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The Company recognized the following gain on the date of sale of its 80.1% interest in PCT (in thousands):
Fair value of consideration received
$
79,425

Transaction and retention costs
(6,919
)
Carrying value of segment non-controlling interest
3,687

 
$
76,193

Less carrying amount of assets and liabilities sold:
 
Cash
$
6,727

Accounts Receivable
3,702

Deferred costs
4,685

Prepaid expenses and other current assets
743

Property, plant and equipment, net
14,900

Goodwill
7,013

Intangibles, net
2,090

Other assets
215

Accounts payable
(2,278
)
Accrued liabilities
(2,927
)
Due from Caladrius
450

Unearned revenues
(10,529
)
Notes payable
(342
)
 
$
24,449

 
 
Gain on sale of PCT
$
51,744



The operations and cash flows of the PCT Segment were eliminated from ongoing operations with the sale of the Company's PCT Interest. The operating results of the PCT Segment for the three and six months ended June 30, 2017 and June 30, 2016 were as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Revenue
$
5,729

 
$
10,002

 
$
16,039

 
$
19,116

Cost of revenues
(5,268
)
 
(8,125
)
 
(15,321
)
 
(15,640
)
Research and development
(143
)
 
(168
)
 
(257
)
 
(333
)
Selling, general, and administrative
(8
)
 
(1,789
)
 
(3,251
)
 
(3,420
)
Other expense
(8
)
 
(26
)
 
(16
)
 
(55
)
Provision for income taxes
(11,559
)
 
(47
)
 
(11,608
)
 
(100
)
Gain on sale of segment
51,744

 
—

 
51,744

 
—

Income (loss) from discontinued operations
$
40,487

 
$
(152
)
 
$
37,330

 
$
(432
)