Quarterly report pursuant to Section 13 or 15(d)

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)

v3.4.0.3
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)
 3 Months Ended
Mar. 31, 2016
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes  
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes

The following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes, as presented in the unaudited condensed consolidated income statements:

 

 

Three Months Ended March 31,

 

2016

2015

Operating loss

$

(181,496)

$

(183,317)

Interest income

 

27,247

2,389

Interest expense

 

(11,868)

(4,000)

Gain (loss) on investments

 

(37,279)

1,339

Gain on spinoff of Investor

 

 

Webcast assets and liabilities

 

14,990

-

Other expense

 

(738)

-

 

Income before income taxes

$

(189,144)

$

(183,589)