SALE OF ASSETS (Tables)

9 Months Ended

Sep. 30, 2015

Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]

Upon closing of this transaction, the Company recognized a gain which is summarized in the following table:



	April 16, 2015
	(in thousands)
Total consideration	$	(16,700	)
Fair value of patent license agreement	13,123
Selling and other costs	457
Net assets transferred	961
Gain on sale of assets	$	(2,159	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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