Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.10.0.1
Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current:      
Federal   $ (11) $ 1,556
State and local $ (355) (84) 853
Total current income tax expense (355) (95) 2,409
Deferred:      
Federal (17,501) (301,837) (493,890)
State and local (4,068) (115,001) (66,888)
Total deferred income tax expense (21,569) (416,838) (560,778)
Income tax benefit (expense) $ (21,924) $ (416,933) $ (558,369)
Differences between provision for income taxes and income tax expense computed by applying federal rates      
US federal income tax rate 21.00% 35.00% 35.00%
Computed expected tax benefits (expense) $ (19,294) $ (857,710) $ (516,485)
State and local taxes, net of federal income taxes (3,831) (74,805) (42,995)
Foreign taxes, net of foreign tax credits     (1,180)
Change in valuation allowance 380 (1,208) 683
Dividends received deduction     931
Change in tax rate - other (27)   45
Change in tax rate - U.S. tax reform   515,773  
Derivative instruments 768 1,084 396
Other 80 (67) 236
Income tax benefit (expense) (21,924) (416,933) (558,369)
Increase (decrease) in valuation allowance (400)    
Deferred tax assets:      
Tax loss and tax credit carryforwards 56,056   49,555
Accrued stock-based compensation 5,571   4,275
Deferred revenue 1,430   1,805
Other 44   64
Total deferred tax assets 63,101   55,699
Less: valuation allowance (7,773)   (8,153)
Net deferred tax assets 55,328   47,546
Deferred tax liabilities:      
Investments (1,020,869)   (979,522)
Intangible assets (261)   (617)
Other (27)    
Total deferred tax liabilities (1,021,157)   (980,139)
Net deferred tax liability (965,829)   (932,593)
Continuing operations      
Deferred:      
Total deferred income tax expense $ (21,569) $ (416,838) $ (560,778)