Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Pre-tax book loss for FY 2019 and FY 2018 were as follows:

	FY 2019			FY 2018
Domestic	$	(129,740	)	$	(119,031	)
Foreign		35,907			35,900
Total pre-tax loss	$	(93,833	)	$	(83,131	)

Income Tax Provision (Benefit) for Federal, and State and Local Income Taxes

The income tax provision (benefit) for federal, and state and local income taxes in the consolidated statement of operations consists of the following:

	Year Ended December 31, 2019			Year Ended December 31, 2018
Current:
Federal	$	(1,012	)	$	(609	)
State and local		(10	)		(61	)
Foreign		9,185			9,212
Total current	$	8,163		$	8,542
Deferred:
Federal		23			(4,950	)
State and local		(103	)		(1,967	)
Foreign		—			4,913
Total deferred		(80	)		(2,004	)
Total Provision	$	8,083		$	6,538

Significant Components of Net Deferred Tax Assets and Liabilities

The significant components of net deferred tax assets and liabilities of the Company consist of the following:

	December 31,
	2019			2018
State net operating loss carryforwards	$	4,064		$	2,498
U.S. Federal net operating loss carryforwards		36,306			15,864
Receivable reserves		280			4,827
Interest expense limitation		16,779			5,975
Intangibles		96,177			107,035
Equity compensation		1,838			1,764
Foreign Tax Credit		5,252			5,252
Other		9,293			8,907
Total deferred tax assets		169,989			152,122
Valuation allowance		(143,368	)		(115,483	)
Net deferred tax assets	$	26,621		$	36,639
Depreciation		(284	)		(369	)
Convertible notes		(6,451	)		(10,519	)
Investment in joint ventures		(24,350	)		(30,317	)
Total deferred tax liabilities		(31,085	)		(41,205	)
Total net deferred tax liabilities	$	(4,464	)	$	(4,566	)
Balance Sheet detail on total net deferred tax assets (liabilities):
Non-current portion of net deferred tax assets	$	—		$	—
Non-current portion of net deferred tax liabilities	$	(4,464	)	$	(4,566	)

Rate Reconciliation Between Amount of Income Tax Provision (Benefit) at Federal Rate and Provision (Benefit) from Taxes on Loss Before Income Tax

The following is a rate reconciliation between the amount of income tax provision (benefit) at the Federal rate of 21% and provision (benefit) from taxes on loss before income taxes for FY 2019 and FY 2018, respectively:

	Year ended December, 31
	2019			2018
Income tax benefit computed at the federal rate of 21%	$	(19,705	)	$	(17,457	)
Increase (reduction) in income taxes resulting from:
State and local income taxes (benefit), net of federal income tax		(115	)		(1,998	)
Non-controlling interest		(2,552	)		(2,720	)
Unrecognized tax benefits		—			(31	)
Valuation allowance		21,756			22,752
Interest on income tax receivable		(1,253	)		—
Non-deductible executive compensation		150			868
Foreign Earnings (rate differential)		8,300			13,405
US Tax Reform / rate reduction		23			(5,562	)
Other, net		1,479			(2,719	)
Total	$	8,083		$	6,538

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits Excluding Interest and Penalties

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding interest and penalties, is as follows:

	2019		2018
Uncertain tax positions at January 1	$	—	$	354
Additions for current year tax positions		—		—
Additions for prior year tax positions		—		—
Reductions for prior year tax positions		—		(15	)
Settlements		—		(339	)
Uncertain tax positions at December 31	$	—	$	-