LendingTree (TREE) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 05, 2014
Entity Information:	'	'
Entity Registrant Name	'Tree.com, Inc.	'
Entity Central Index Key	'0001434621	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	11,308,431
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenue	$42,144	$37,406	$82,180	$65,486
Costs and expenses:	'	'	'	'
Cost of revenue (exclusive of depreciation shown separately below)	1,895	1,950	3,560	3,306
Selling and marketing expense	28,964	26,386	56,413	43,641
General and administrative expense	5,478	5,651	11,611	12,207
Product development	1,826	1,492	3,758	2,697
Depreciation	946	872	1,701	1,757
Amortization of intangibles	27	43	55	86
Restructuring and severance	23	148	225	146
Litigation settlements and contingencies	385	2,909	8,092	3,937
Total costs and expenses	39,544	39,451	85,415	67,777
Operating income (loss)	2,600	-2,045	-3,235	-2,291
Other income (expense):	'	'	'	'
Interest expense	0	-7	0	-14
Income (loss) before income taxes	2,600	-2,052	-3,235	-2,305
Income tax benefit (expense)	83	19	84	-1
Net income (loss) from continuing operations	2,683	-2,033	-3,151	-2,306
Gain from sale of discontinued operations, net of tax	0	10,003	0	10,101
Loss from operations of discontinued operations, net of tax	-2,931	-891	-3,505	-3,433
Income (loss) from discontinued operations	-2,931	9,112	-3,505	6,668
Net income (loss)	($248)	$7,079	($6,656)	$4,362
Weighted average shares outstanding:	'	'	'	'
Basic	11,214	11,133	11,178	11,050
Diluted	11,849	11,133	11,178	11,050
Net income (loss) per share from continuing operations:	'	'	'	'
Basic (in dollars per share)	$0.24	($0.18)	($0.28)	($0.21)
Diluted (in dollars per share)	$0.23	($0.18)	($0.28)	($0.21)
Net income (loss) per share from discontinued operations:	'	'	'	'
Basic (in dollars per share)	($0.26)	$0.82	($0.31)	$0.60
Diluted (in dollars per share)	($0.25)	$0.82	($0.31)	$0.60
Net income (loss) per share attributable to common shareholders:	'	'	'	'
Basic (in dollars per share)	($0.02)	$0.64	($0.60)	$0.39
Diluted (in dollars per share)	($0.02)	$0.64	($0.60)	$0.39

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS:	'	'
Cash and cash equivalents	$87,618	$91,667
Restricted cash and cash equivalents	22,044	26,017
Accounts receivable (net of allowance of $474 and $408, respectively)	13,260	12,850
Prepaid and other current assets	1,518	1,689
Current assets of discontinued operations	715	521
Total current assets	125,155	132,744
Property and equipment (net of accumulated depreciation of $19,709 and $18,008, respectively)	5,602	5,344
Goodwill	3,632	3,632
Intangible assets, net	11,219	10,684
Other non-current assets	102	111
Non-current assets of discontinued operations	100	129
Total assets	145,810	152,644
LIABILITIES:	'	'
Accounts payable, trade	5,949	4,881
Accrued expenses and other current liabilities	23,505	23,314
Current liabilities of discontinued operations	32,620	32,004
Total current liabilities	62,074	60,199
Other non-current liabilities	67	334
Deferred income taxes	4,849	4,849
Non-current liabilities of discontinued operations	261	254
Total liabilities	67,251	65,636
Commitments and contingencies	'	'
SHAREHOLDERS' EQUITY:	'	'
Preferred stock $.01 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock $.01 par value; 50,000,000 shares authorized; 12,771,101 and 12,619,835 shares issued, respectively, and 11,342,969 and 11,250,903 shares outstanding, respectively	128	126
Additional paid-in capital	906,866	907,148
Accumulated deficit	-814,189	-807,533
Treasury stock 1,428,132 and 1,368,932 shares, respectively	-14,246	-12,733
Total shareholders' equity	78,559	87,008
Total liabilities and shareholders' equity	$145,810	$152,644

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts receivable, allowance (in dollars)	$474	$408
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$19,709	$18,008
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, authorized shares	5,000,000	5,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, authorized shares	50,000,000	50,000,000
Common stock, issued shares	12,771,101	12,619,835
Common stock, outstanding shares	11,342,969	11,250,903
Treasury stock, shares	1,428,132	1,368,932

CONSOLIDATED_STATEMENT_OF_SHAR

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Treasury Stock	Comprehensive Income (Loss)
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2013	$87,008	$126	$907,148	($807,533)	($12,733)	'
Balance (in shares) at Dec. 31, 2013	'	12,620,000	'	'	1,369,000	'
Comprehensive loss:	'	'	'	'	'	'
Year-to-date net income (loss)	-6,656	'	'	-6,656	'	-6,656
Comprehensive loss	'	'	'	'	'	-6,656
Non-cash compensation	3,076	'	3,076	'	'	'
Purchase of treasury stock (in shares)	59,200	'	'	'	59,000	'
Purchase of treasury stock	-1,513	'	'	'	-1,513	'
Dividends	-12	'	-12	'	'	'
Issuance of restricted stock awards (in shares)	'	43,000	'	'	'	'
Issuance of restricted stock awards	0	1	-1	'	'	'
Net-share settlement of stock-based compensation, net of issuance of common stock upon restricted stock unit vesting and stock option exercise	-3,344	1	-3,345	'	'	'
Net-share settlement of stock-based compensation, net of issuance of common stock upon stock option exercise (in shares)	'	108,000	'	'	'	'
Balance at Jun. 30, 2014	$78,559	$128	$906,866	($814,189)	($14,246)	'
Balance (in shares) at Jun. 30, 2014	'	12,771,000	'	'	1,428,000	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities attributable to continuing operations:	'	'
Net income (loss)	($6,656)	$4,362
Less: Loss (income) from discontinued operations	3,505	-6,668
Net income (loss) from continuing operations	-3,151	-2,306
Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities attributable to continuing operations:	'	'
Loss on disposal of fixed assets	52	24
Amortization of intangibles	55	86
Depreciation	1,701	1,757
Non-cash compensation expense	3,073	2,866
Deferred income taxes	-1	0
Bad debt expense	143	73
Changes in current assets and liabilities:	'	'
Accounts receivable	-813	-6,871
Prepaid and other current assets	-399	91
Accounts payable, accrued expenses and other current liabilities	1,107	6,241
Income taxes payable	576	-570
Other, net	-161	-321
Net cash provided by operating activities attributable to continuing operations	2,182	1,070
Cash flows from investing activities attributable to continuing operations:	'	'
Capital expenditures	-2,039	-1,217
Acquisition of intangible assets	-530	0
Decrease (increase) in restricted cash	3,973	-652
Net cash provided by (used in) investing activities attributable to continuing operations	1,404	-1,869
Cash flows from financing activities attributable to continuing operations:	'	'
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options	-3,237	-1,473
Purchase of treasury stock	-1,470	-1,452
Dividends	-140	284
Net cash used in financing activities attributable to continuing operations	-4,847	-2,641
Total cash used in continuing operations	-1,261	-3,440
Net cash used in operating activities attributable to discontinued operations	-2,788	-1,467
Net cash provided by investing activities attributable to discontinued operations	0	10,000
Total cash provided by (used in) discontinued operations	-2,788	8,533
Net increase (decrease) in cash and cash equivalents	-4,049	5,093
Cash and cash equivalents at beginning of period	91,667	80,190
Cash and cash equivalents at end of period	$87,618	$85,283

ORGANIZATION

ORGANIZATION	6 Months Ended
	Jun. 30, 2014
ORGANIZATION	'
ORGANIZATION	'
	ORGANIZATION
	Company Overview
	Tree.com, Inc. ("Tree.com" or the "Company") is the parent of LendingTree, LLC, which owns several brands and businesses that provide information, tools, advice, products and services for critical transactions in consumers' lives. The family of brands includes: LendingTree®, GetSmart®, LendingTree AutosSM, LendingTree EducationSM and LendingTree Home ProsSM. Together, these brands serve as an ally for consumers who are looking to comparison-shop for loans, education programs, home services providers and other services from multiple businesses and professionals that will compete for their business.
	The consolidated financial statements include the accounts of Tree.com and all its wholly-owned entities. Intercompany transactions and accounts have been eliminated.
	Certain amounts from the prior consolidated financial statements have been reclassified to conform to the presentation adopted in the current year.
	Discontinued Operations
	The businesses of RealEstate.com, REALTORS® (which represents the former Real Estate segment) and LendingTree Loans are presented as discontinued operations in the accompanying consolidated balance sheets, consolidated statements of operations and consolidated cash flows for all periods presented. The notes accompanying these consolidated financial statements reflect the Company's continuing operations and, unless otherwise noted, exclude information related to the discontinued operations.
	LendingTree Loans
	On May 12, 2011, the Company entered into an asset purchase agreement with Discover Bank ("Discover"), a wholly-owned subsidiary of Discover Financial Services, as amended on February 7, 2012, for the sale of substantially all of the operating assets of its LendingTree Loans business. The sale was completed on June 6, 2012.
	The asset purchase agreement, as amended, provided for a purchase price of approximately $55.9 million in cash for the assets, subject to certain conditions. Of this total purchase price, $8.0 million was paid prior to the closing, $37.9 million was paid upon the closing and the contingent amount of $10.0 million was paid and recognized as a gain from sale of discontinued operations in the second quarter of 2013.
	Discover generally did not assume liabilities of the LendingTree Loans business that arose before the closing date, except for certain liabilities directly related to assets Discover acquired. Of the purchase price paid, as of June 30, 2014, $16.1 million is being held in escrow pending resolution of certain actual and/or contingent liabilities that remain with the Company following the sale. The escrowed amount is recorded as restricted cash as of June 30, 2014.
	Separate from the asset purchase agreement, Tree.com agreed to provide certain marketing-related services to Discover in connection with its mortgage origination business for approximately seventeen months following the closing, or such earlier point as the agreed-upon services are satisfactorily completed. The services were satisfactorily completed in the second quarter of 2013. Discover remains a network lender on the Company's mortgage exchange following completion of the services.
	Basis of Presentation
	The accompanying unaudited interim consolidated financial statements as of June 30, 2014 and for the three and six months ended June 30, 2014 and 2013, respectively, have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC"). In the opinion of management, the unaudited interim consolidated financial statements have been prepared on the same basis as the audited financial statements, and include all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the Company's financial position for the periods presented. The results for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be expected for the year ending December 31, 2014, or any other period. The accompanying consolidated balance sheet as of December 31, 2013 was derived from audited financial statements included in the Company's annual report on Form 10-K for the year ended December 31, 2013 (the "2013 Annual Report"). These consolidated financial statements do not include all of the information and footnotes required by GAAP for annual financial statements. Accordingly, they should be read in conjunction with the audited financial statements and notes thereto included in the 2013 Annual Report.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
SIGNIFICANT ACCOUNTING POLICIES	'
	SIGNIFICANT ACCOUNTING POLICIES
	Accounting Estimates
	Management is required to make certain estimates and assumptions during the preparation of the consolidated financial statements in accordance with GAAP. These estimates and assumptions impact the reported amount of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net earnings during any period. Actual results could differ from those estimates.
	Significant estimates underlying the accompanying consolidated financial statements, including discontinued operations, include: loan loss obligations; the recoverability of long-lived assets, goodwill and intangible assets; the determination of income taxes payable and deferred income taxes, including related valuation allowances; restructuring reserves; various other allowances, reserves and accruals; and assumptions related to the determination of stock-based compensation.
	Certain Risks and Concentrations
	Tree.com's business is subject to certain risks and concentrations including dependence on third-party technology providers, exposure to risks associated with online commerce security and credit card fraud.
	Financial instruments, which potentially subject the Company to concentration of credit risk at June 30, 2014, consist primarily of cash and cash equivalents and accounts receivable, as disclosed in the consolidated balance sheet. Cash and cash equivalents are in excess of Federal Deposit Insurance Corporation insurance limits, but are maintained with quality financial institutions of high credit. The Company generally requires certain network lenders to maintain security deposits with the Company, which in the event of non-payment, would be applied against any accounts receivable outstanding.
	Due to the nature of the mortgage lending industry, interest rate increases may negatively impact future revenue from the Company's lender network.
	Lenders participating on the Company's lender network can offer their products directly to consumers through brokers, mass marketing campaigns or through other traditional methods of credit distribution. These lenders can also offer their products online, either directly to prospective borrowers, through one or more online competitors, or both. If a significant number of potential consumers are able to obtain loans from participating lenders without utilizing the Company's service, its ability to generate revenue may be limited. Because the Company does not have exclusive relationships with the lenders whose loan offerings are offered on its online marketplace, consumers may obtain offers and loans from these lenders without using its service.
	The Company maintains operations solely in the United States.
	Litigation Settlements and Contingencies
	Litigation settlements and contingencies consists of expenses related to actual or anticipated litigation settlements, in addition to legal fees incurred in connection with various patent litigation claims the Company pursues against others.
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09 related to revenue recognition. This ASU was initiated as a joint project between the FASB and the International Accounting Standards Board ("IASB") to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP and IFRS. This guidance will supersede the existing revenue recognition requirements in Accounting Standards Codification ("ASC") Topic 605, Revenue Recognition and is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted and the ASU can be applied (i) retrospectively to each prior period presented or (ii) retrospectively with the cumulative effect of initially adopting the ASU recognized at the date of initial application. The Company is evaluating the impact this ASU will have on its consolidated financial statements.
	There are no recently issued accounting pronouncements that were adopted during the quarter ended June 30, 2014.

RESTRICTED_CASH_RESTRICTED_CAS

RESTRICTED CASH RESTRICTED CASH	6 Months Ended
	Jun. 30, 2014
Cash and Cash Equivalents [Abstract]	'
RESTRICTED CASH	'
	RESTRICTED CASH
	Restricted cash and cash equivalents consists of the following (in thousands):
		June 30,		December 31,
		2014		2013
	Cash in escrow for surety bonds	$	2,453	$	2,453
	Cash in escrow for corporate purchasing card program	400		400
	Cash in escrow for sale of LendingTree Loans (a)	16,105		18,117
	Cash in escrow for earnout related to an acquisition (b)	—		1,956
	Cash restricted for loan loss obligations	3,051		3,051
	Other	35		40
	Total restricted cash and cash equivalents	$	22,044	$	26,017
	(a)	Home Loan Center, Inc. ("HLC"), a subsidiary of the Company, continues to be liable for certain indemnification obligations, repurchase obligations and premium repayment obligations following the sale of substantially all of the operating assets of its LendingTree Loans business in the second quarter of 2012. During the second quarter of 2014, the Company reached and executed a settlement with one of its secondary market purchasers related to these contingent liabilities, upon which $2.0 million of cash previously held in escrow was released to the Company. This settlement had no impact on the results of operations for the three and six months ended June 30, 2014.
	(b)	During the first quarter of 2014, the Company reached and executed a settlement with the disputing party on the earnout related to an acquisition, upon which $2.0 million of cash previously held in escrow was released, of which $1.0 million was paid out to the disputing party. This settlement had no impact on the results of operations for the three and six months ended June 30, 2014.

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND INTANGIBLE ASSETS	'
	GOODWILL AND INTANGIBLE ASSETS
	The balance of goodwill and intangible assets, net is as follows (in thousands):
		June 30,			December 31,
		2014			2013
	Goodwill	$	486,720		$	486,720
	Accumulated impairment losses	(483,088		)	(483,088		)
	Net goodwill	$	3,632		$	3,632
	Intangible assets with indefinite lives	$	10,142		$	10,142
	Intangible assets with definite lives, net	1,077			542
	Total intangible assets, net	$	11,219		$	10,684
	Goodwill and Indefinite-Lived Intangible Assets
	The Company's goodwill is associated with its one reportable segment, lending. Intangible assets with indefinite lives relate to the Company's trademarks.
	Intangible Assets with Definite Lives
	On June 30, 2014, the Company acquired certain intangible assets to be used in its home services business for $0.6 million plus contingent consideration of $0 to $0.8 million. As of August 5, 2014, the Company has not completed its determination of the final purchase price or the allocation thereof to these intangible assets. Accordingly, reflected in the tables below, the Company has preliminarily recorded the $0.6 million paid on the acquisition date to customer lists and other intangible assets.
	Intangible assets with definite lives relate to the following (in thousands):
		Cost			Accumulated			Net
					Amortization
	Purchase agreements	$	236		$	(236	)	$	—
	Technology	25,194			(25,194		)	—
	Customer lists	7,222			(6,196		)	1,026
	Other	1,567			(1,516		)	51
	Balance at June 30, 2014	$	34,219		$	(33,142	)	$	1,077
		Cost			Accumulated			Net
					Amortization
	Purchase agreements	$	236		$	(212	)	$	24
	Technology	25,194			(25,194		)	—
	Customer lists	6,682			(6,166		)	516
	Other	1,517			(1,515		)	2
	Balance at December 31, 2013	$	33,629		$	(33,087	)	$	542
	Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of June 30, 2014, future amortization is estimated to be as follows (in thousands):
		Amortization Expense
	Remainder of current year	$	66
	Year ending December 31, 2015	101
	Year ending December 31, 2016	101
	Year ending December 31, 2017	92
	Year ending December 31, 2018	84
	Thereafter	633
	Total intangible assets with definite lives, net	$	1,077

ACCRUED_EXPENSES_AND_OTHER_CUR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	6 Months Ended
	Jun. 30, 2014
Payables and Accruals [Abstract]	'
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	'
	ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
	Accrued expenses and other current liabilities consist of the following (in thousands):
		June 30,		December 31,
		2014		2013
	Accrued litigation liabilities	$	500	$	500
	Accrued advertising expense	11,501		8,837
	Accrued compensation and benefits	2,614		3,378
	Accrued professional fees	823		1,806
	Accrued restructuring costs	295		284
	Customer deposits and escrows	4,424		4,279
	Deferred rent	271		245
	Other	3,077		3,985
	Total accrued expenses and other current liabilities	$	23,505	$	23,314

SHAREHOLDERS_EQUITY

SHAREHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	SHAREHOLDERS' EQUITY
	Basic and diluted loss per share was determined based on the following share data (in thousands):
		Three Months Ended June 30,		Six Months Ended June 30,
		2014	2013	2014	2013
	Weighted average basic common shares	11,214	11,133	11,178	11,050
	Effect of stock options	461	—	—	—
	Effect of dilutive share awards	174	—	—	—
	Weighted average diluted common shares	11,849	11,133	11,178	11,050
	For the six months ended June 30, 2014 and the three and six months ended June 30, 2013, the Company had losses from continuing operations and, as a result, no potentially dilutive securities were included in the denominator for computing diluted loss per share, because the impact would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute loss per share amounts for these periods. For the three months ended June 30, 2013, approximately 0.6 million shares, and for the six months ended June 30, 2014 and 2013, approximately 0.7 million and 0.7 million shares, respectively, related to potentially dilutive securities were excluded from the calculation of diluted loss per share, because their inclusion would have been anti-dilutive. For the three months ended June 30, 2014, less than 0.1 million shares related to potentially dilutive securities were excluded from the calculation of diluted earnings per share, because their inclusion would have been anti-dilutive.
	Common Stock Repurchases
	On January 11, 2010, the board of directors authorized the repurchase of up to $10.0 million of Tree.com's common stock.  On May 7, 2014, the board of directors authorized the repurchase of up to an additional $10.0 million of Tree.com's common stock. During the three and six months ended June 30, 2014, the Company purchased 59,200 shares of its common stock pursuant to this stock repurchase program. At June 30, 2014, approximately $8.6 million remains authorized for share repurchase.

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
STOCK-BASED COMPENSATION	'
	STOCK-BASED COMPENSATION
	Non-cash compensation related to equity awards is included in the following line items in the accompanying consolidated statements of operations (in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014				2013
	Cost of revenue	$	7		$	3		$	13			$	5
	Selling and marketing expense	226			306			459				523
	General and administrative expense	928			879			1,989				1,909
	Product development	260			244			576				429
	Restructuring and severance	—			—			36				—
	Total non-cash compensation	$	1,421		$	1,432		$	3,073			$	2,866
	Stock Options
	A summary of changes in outstanding stock options is as follows:
		Number of Options		Weighted			Weighted		Aggregate
				Average			Average		Intrinsic
				Exercise			Remaining		Value(a)
				Price			Contractual
							Term
				(per option)			(in years)		(in thousands)
	Options outstanding at January 1, 2014	1,038,999		$	8.98
	Granted (b)	104,910		27.95
	Exercised	(4,534	)	12.12
	Forfeited	—		—
	Expired	(669	)	13.46
	Options outstanding at June 30, 2014	1,138,706		10.72			4.76		$	21,171
	Options exercisable at June 30, 2014	983,795		$	9.04		4.12		$	19,771
	(a)	The aggregate intrinsic value represents the total pre-tax intrinsic value (the difference between the Company's closing stock price of $29.14 on the last trading day of the quarter ended June 30, 2014 and the exercise price, multiplied by the number of shares covered by in-the-money options) that would have been received by the option holders had all option holders exercised their options on June 30, 2014. The intrinsic value changes based on the market value of the Company's common stock.
	(b)	During the first six months ended June 30, 2014, the Company granted stock options to certain executives with weighted average grant date fair values per share ranging from $12.29 to $17.13 that vest over a period of three years from the grant date and to non-employee members of the board of directors with a weighted average grant date fair value per share of $13.08 that vest over a period of two years from the grant date. For purposes of determining stock-based compensation expense, the weighted average grant date fair value per share of the stock options was estimated using the Black-Scholes option pricing model, which requires the use of various key assumptions. The weighted average assumptions used are as follows:
	Expected term (1)	5.75 - 6.0 years
	Expected dividend (2)	—
	Expected volatility (3)	53% - 54%
	Risk-free interest rate (4)	1.85% - 1.97%
	-1	The expected term of stock options granted was calculated using the 'Simplified Method', which utilizes the midpoint between the weighted average time of vesting and the end of the contractual term. This method was utilized for the stock options due to a lack of historical exercise behavior by the Company's employees.
	-2	For all stock options granted in 2014, no dividends are expected to be paid over the contractual term of the stock options, resulting in a zero expected dividend rate.
	-3	The expected volatility rate is based on the historical volatility of the Company's common stock for the four years preceding the grant date, supplemented with the historical volatility of its peer group for the two years preceding the Company's historical volatility. A blended rate was used because the Company became a public company in 2008 and, therefore, does not have a historical volatility equal to the expected term of these awards.
	-4	The risk-free interest rate is specific to the date of grant. The risk-free interest rate is based on U.S. Treasury yields for notes with comparable expected terms as the awards, in effect at the grant date.
	On August 6, 2014, the Company granted 1,000,000 stock options with an exercise price of $26.59 to certain executives, of which 25% and 75% vest over a period of 2.5 years and 3.5 years, respectively, from the grant date. The Company has not completed its determination of the grant date fair value per share of the stock options.
	Restricted Stock Units and Restricted Stock
	A summary of the changes in outstanding nonvested restricted stock units ("RSUs") and restricted stock is as follows:
		RSUs					RSUs
							Performance Condition
		Number of Units		Weighted			Number of Units			Weighted
				Average						Average
				Grant Date						Grant Date
				Fair Value						Fair Value
				(per unit)						(per unit)
	Nonvested at January 1, 2014	599,122		$	14.15		—			$	—
	Granted	121,873		32.28			500			33.59
	Vested	(209,507	)	13.36			—			—
	Forfeited	(42,952	)	15.85			—			—
	Nonvested at June 30, 2014	468,536		$	19.12		500			$	33.59
		Restricted Stock					Restricted Stock
							Market Condition
		Number of		Weighted			Number of			Weighted
		Shares		Average			Shares			Average
				Grant Date						Grant Date
				Fair Value						Fair Value
				(per share)						(per share)
	Nonvested at January 1, 2014	119,500		$	22.47		62,500			$	13.93
	Granted	43,389		25.14			—			—
	Vested	(20,833	)	17.49			(62,500	)		13.93
	Forfeited	—		—			—			—
	Nonvested at June 30, 2014	142,056		$	24.02		—			$	—

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands, except percentages)
	Income tax benefit (provision)	$	83		$	19		$	84		$	(1	)
	Effective tax rate	3.2		%	0.9		%	2.6		%	—		%
	For the three and six months ended June 30, 2014, the effective tax rates varied from the statutory rate primarily due to the existence of a valuation allowance that has been provided to offset the Company's net deferred tax asset, after excluding deferred tax liabilities related to indefinite-lived intangible assets that are not going to provide a source of taxable income in the foreseeable future, and state tax refunds.
	For the three and six months ended June 30, 2013, the effective income tax rates varied from the statutory rate due primarily to the impact of the valuation allowance, indefinite-lived intangible assets and state taxes.
	Valuation Allowance
	There have been no changes to the Company's valuation allowance assessment for the three and six months ended June 30, 2014.

CONTINGENCIES

CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
CONTINGENCIES	'
	CONTINGENCIES
	Overview
	Tree.com is involved in legal proceedings on an ongoing basis. In assessing the materiality of a legal proceeding, the Company evaluates, among other factors, the amount of monetary damages claimed, as well as the potential impact of non-monetary remedies sought by plaintiffs (e.g., injunctive relief) that may require it to change its business practices in ways that could have a material adverse impact on the business. With respect to the matters disclosed in this footnote, unless otherwise indicated, the Company is unable to estimate the possible loss or range of losses that could potentially result from the application of such non-monetary remedies.
	As of June 30, 2014 and December 31, 2013, the Company had a litigation settlement accrual for its continuing operations of $0.5 million. The litigation settlement accrual relates to litigation matters that were either settled or a firm offer for settlement was extended, thereby establishing an accrual amount that is both probable and reasonably estimable.
	Specific Matters
	Intellectual Property Litigation
	Zillow
	LendingTree v. Zillow, Inc., et al. Civil Action No. 3:10-cv-439. On September 8, 2010, the Company filed an action for patent infringement in the US District Court for the Western District of North Carolina against Zillow, Inc., Nextag, Inc., Quinstreet, Inc., Quinstreet Media, Inc. and Adchemy, Inc. The complaint was amended to include Leadpoint, Inc. d/b/a Securerights on September 24, 2010. The complaint alleges that each of the defendants infringe one or both of the Company's patents-U.S. Patent No. 6,385,594, entitled "Method and Computer Network for Co-Ordinating a Loan over the Internet," and U.S. Patent No. 6,611,816, entitled "Method and Computer Network for Co-Ordinating a Loan over the Internet." The defendants in this action asserted various defenses and counterclaims against the Company, including the assertion by certain of the defendants of counterclaims alleging illegal monopolization via our maintenance of the asserted patents. Defendant NexTag asserted a defense of laches. In July 2011, the Company reached a settlement agreement with Leadpoint, Inc., pursuant to which all claims against Leadpoint, Inc. and all counterclaims against the Company by Leadpoint, Inc. were dismissed. In November 2012, the Company reached a settlement agreement with Quinstreet, Inc. and Quinstreet Media, Inc. (collectively, the "Quinstreet Parties"), pursuant to which all claims against the Quinstreet Parties and all counterclaims against the Company by the Quinstreet Parties were dismissed. After an unsuccessful attempt to reach settlement through mediation with the remaining parties, this matter went to trial beginning in February 2014, and on March 12, 2014, the jury returned a verdict. The jury found that the defendants Zillow, Inc., Adchemy, Inc., and NexTag, Inc. did not infringe the two patents referenced above and determined that those patents are invalid due to an inventorship defect, and the court found that NexTag was entitled to a defense of laches. The jury found in the Company's favor on the defendants' counterclaims alleging inequitable conduct and antitrust violations. Judgment was entered on March 31, 2014. After the court entered judgment, on May 27, 2014, the Company reached a settlement agreement with defendant Adchemy, Inc., including an agreement to dismiss and withdraw all claims, counterclaims, and motions between the Company and Adchemy, Inc. As a result, a joint and voluntary dismissal was filed June 12, 2014. Certain matters remain pending with the court, including the Company's motions for a new trial and to correct the inventorship defect and restore the validity of the patents and the defendants' motions for sanctions and attorneys' fees. The Company believes it has strong grounds for appeal and filed a notice of appeal on April 22, 2014. The range of possible loss on the remaining motions for sanctions and awards of attorneys' fees is estimated to be between $0 to $7.3 million. The Company believes the defendants' motions for sanctions and attorneys' fees lack merit and intends to defend these motions vigorously.
	Internet Patents Corp.
	Internet Patents Corporation f/k/a InsWeb v. Tree.com, Inc., No. C-12-6505 (U.S. Dist. Ct., N.D. Cal.).  In December 2012, the plaintiff filed a patent infringement lawsuit against the Company seeking a judgment that it had infringed a patent held by the plaintiff. Process was formally served with respect to this matter in April 2013. The plaintiff sought injunctive relief, damages, costs, expenses, pre- and post-judgment interest, punitive damages and attorneys' fees. The plaintiff alleged that the Company infringed upon U.S. Patent No. 7,707,505, entitled "Dynamic Tabs for a Graphical User Interface". On October 25, 2013, the court dismissed the suit based on the finding that the plaintiff's claims failed as a matter of law because the asserted patent is invalid for lack of patent-eligible subject matter. The plaintiff filed a notice of appeal on November 7, 2013. In December 2013, the Company's case was consolidated with three other pending appeals involving the asserted patents. The plaintiff filed its opening appellate brief in January 2014, and the Company filed a joint appellate response brief in April 2014. A hearing on the consolidated appeals is expected in August 2014. The Company believes the plaintiff's allegations lack merit and intends to defend against this action vigorously.
	Money Suite
	The Money Suite Company v. LendingTree, LLC, No. 1:13-ev-986 (U.S. Dist. Ct, D Del.). In June 2013, the plaintiff filed a patent infringement lawsuit against LendingTree, LLC ("LendingTree") seeking a judgment that it infringed a patent held by plaintiff. The plaintiff alleges that LendingTree infringes U.S. Patent No. 6,684,189 for "an apparatus and method using front-end network gateways and search criteria for efficient quoting at a remote location". The plaintiff seeks damages (including pre- and post- judgment interest thereon), costs and attorneys' fees. In December 2013, the court stayed this case pending review of the patent by the United States Patent and Trademark Office. The Company believes the plaintiff's allegations lack merit and intends to defend against this action vigorously.
	Other Litigation
	Boschma
	Boschma v. Home Loan Center, Inc., No. SACV7-613 (U.S. Dist. Ct., C.D. Cal.).  On May 25, 2007, the plaintiffs filed a putative class action against HLC in the U.S. District Court for the Central District of California. The plaintiffs allege that HLC sold them an option "ARM" (adjustable-rate mortgage) loan but failed to disclose in a clear and conspicuous manner, among other things, that the interest rate was not fixed, that negative amortization could occur and that the loan had a prepayment penalty. Based upon these factual allegations, the plaintiffs asserted violations of the federal Truth in Lending Act, violations of the Unfair Competition Law, breach of contract, and breach of the covenant of good faith and fair dealing. The plaintiffs purport to represent a class of all individuals who, between June 1, 2003 and May 31, 2007, obtained option ARM loans through HLC on their primary residences located in California, and seek rescission, damages, attorneys' fees and injunctive relief. The plaintiffs have not yet filed a motion for class certification, but have filed a total of eight complaints in connection with this lawsuit. Each of the first seven complaints has been dismissed by the federal and state courts. The plaintiffs filed the eighth complaint (a "Second Amended Complaint") in Orange County (California) Superior Court on March 4, 2010 alleging only the fraud and Unfair Competition Law claims. As with each of the seven previous versions of plaintiffs' complaint, the Second Amended Complaint was dismissed in April 2010. The plaintiffs appealed the dismissal and on August 10, 2011, the appellate court reversed the trial court's dismissal and directed the trial court to overrule the demurrer. The case was remanded to superior court. During 2013, the parties agreed to a $450,000 settlement, which was approved in 2013. A nominal payment into the settlement fund was made in late 2013. The Company expects administration of the settlement to be completed by the fourth quarter of 2014. A provision for the remaining $435,000 is included in current liabilities of discontinued operations as of June 30, 2014. Subsequent to June 30, 2014, the settlement fund was fully funded. The impact of the settlement was not material.
	Dijkstra
	Lijkel Dijkstra v. Harry Carenbauer, Home Loan Center, Inc. et al., No. 5:11-cv-152-JPB (U.S. Dist. Ct., N.D.WV).  On November 7, 2008, the plaintiffs filed a putative class action in Circuit Court of Ohio County, West Virginia against Harry Carenbauer, HLC, HLC Escrow, Inc. et al. The complaint alleges that HLC engaged in the unauthorized practice of law in West Virginia by permitting persons who were neither admitted to the practice of law in West Virginia nor under the direct supervision of a lawyer admitted to the practice of law in West Virginia to close mortgage loans. The plaintiffs assert claims for declaratory judgment, contempt, injunctive relief, conversion, unjust enrichment, breach of fiduciary duty, intentional misrepresentation or fraud, negligent misrepresentation, violation of the West Virginia Consumer Credit and Protection Act ("CCPA"), violation of the West Virginia Lender, Broker & Services Act, civil conspiracy, outrage and negligence. The claims against all defendants other than Mr. Carenbauer, HLC and HLC Escrow, Inc. have been dismissed. The case was removed to federal court in October 2011. On January 3, 2013, the court granted a conditional class certification only with respect to the declaratory judgment, contempt, unjust enrichment and CCPA claims. The conditional class includes consumers with mortgage loans in effect any time after November 8, 2007 who obtained such loans through HLC, and whose loans were closed by persons not admitted to the practice of law in West Virginia or by persons not under the direct supervision of a lawyer admitted to the practice of law in West Virginia. On February 26, 2014, the court granted and denied certain of each party's motions for summary judgment. With respect to the Class Claims, the court granted plaintiff's motions for summary judgment with respect to declaratory judgment, unjust enrichment and violation of the CCPA. The court granted HLC's motion for summary judgment with respect to contempt. In addition, the court denied HLC's motion to decertify the class. With respect to the claims applicable to the named plaintiff only (the "Individual Claims"), HLC's motions for summary judgment were granted with respect to conversion, breach of fiduciary duty, intentional misrepresentation, negligent misrepresentation and outrage. As of June 30, 2014, HLC and the plaintiff have reached a tentative settlement agreement with respect to the remaining Individual Claims.
	A reserve of $2.8 million has been established for this matter in the accompanying consolidated balance sheet as of June 30, 2014, of which some or all may be covered by insurance. Subsequent to June 30, 2014, the court awarded damages to plaintiffs in the amount of $2.8 million. HLC believes it has strong grounds for appeal.
	Massachusetts Division of Banks
	On February 11, 2011, the Massachusetts Division of Banks (the "Division") delivered a Report of Examination/Inspection to LendingTree, which identified various alleged violations of Massachusetts and federal laws, including the alleged insufficient delivery by LendingTree of various disclosures to its customers. On October 14, 2011, the Division provided a proposed Consent Agreement and Order to settle the Division's allegations, which the Division had shared with other state mortgage lending regulators. Thirty-four of such state mortgage lending regulators (the "Joining Regulators") indicated that if LendingTree would enter into the Consent Agreement and Order, they would agree not to pursue any analogous allegations that they otherwise might assert. As of August 7, 2014, none of the Joining Regulators have asserted any such allegations.
	The proposed Consent Agreement and Order calls for a fine to be allocated among the Division and the Joining Regulators and for LendingTree to adopt various new procedures and practices. The Company has commenced negotiations toward an acceptable Consent Agreement and Order. It does not believe its mortgage exchange business violated any federal or state mortgage lending laws; nor does it believe that any past operations of the mortgage business have resulted in a material violation of any such laws. Should the Division or any Joining Regulator bring any actions relating to the matters alleged in the February 2011 Report of Examination/Inspection, the Company intends to defend against such actions vigorously. The range of possible loss is estimated to be between $0.5 million and $6.5 million, and a reserve of $0.5 million has been established for this matter in the accompanying consolidated balance sheet as of June 30, 2014.

SEGMENT_INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	The Company has one reportable segment, its lending operating segment. Its additional operating segments—auto, education and home services—are included in the "Other" category in the reconciliation of segment information below.
	The expenses presented below for the lending segment and the operating segments shown in the Other category include allocations of certain corporate expenses that are identifiable and directly benefit those segments. The unallocated expenses included in the "Corporate" category are those corporate overhead expenses that are not directly attributable to an operating segment and include: finance, legal, executive technology support and human resources.
	Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA"), a non-GAAP measure, is the primary metric by which the chief operating decision maker evaluates the performance of the Company's businesses, on which its marketing expenditures and internal budgets are based and by which management and many employees are compensated. Adjusted EBITDA is defined as operating income or loss (which excludes interest expense and taxes) adjusted to exclude amortization of intangibles and depreciation, and excludes (1) non-cash compensation expense, (2) non-cash intangible asset impairment charges, (3) gain/loss on disposal of assets, (4) restructuring and severance expenses, (5) litigation settlements and contingencies and legal fees for certain patent litigation, (6) adjustments for acquisitions or dispositions and (7) one-time items. For the periods presented in this report, there are no adjustments for one-time items, except for $0.9 million related to a discretionary cash bonus payment to employee stock option holders during the six months ended June 30, 2013.
	Assets and other balance sheet information are not used by the chief operating decision maker.
	Summarized information by segment and reconciliations to Adjusted EBITDA and income (loss) before income taxes is as follows (in thousands):
		Three Months Ended June 30, 2014
		Lending		Other			Corporate			Total
	Revenue	$	39,049	$	3,095		$	—		$	42,144
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	1,773		122			—			1,895
	Selling and marketing expense	26,952		2,012			—			28,964
	General and administrative expense	1,247		615			3,616			5,478
	Product development	1,474		352			—			1,826
	Depreciation	400		441			105			946
	Amortization of intangibles	—		27			—			27
	Restructuring and severance	14		—			9			23
	Litigation settlements and contingencies	—		—			385			385
	Total costs and expenses	31,860		3,569			4,115			39,544
	Operating income (loss)	7,189		(474		)	(4,115		)	2,600
	Adjustments to reconcile to Adjusted EBITDA:
	Amortization of intangibles	—		27			—			27
	Depreciation	400		441			105			946
	Restructuring and severance	14		—			9			23
	Loss on disposal of assets	—		27			17			44
	Non-cash compensation	528		169			724			1,421
	Acquisition expense	—		74			—			74
	Litigation settlements and contingencies	—		—			385			385
	Adjusted EBITDA	$	8,131	$	264		$	(2,875	)	$	5,520
	Operating income									$	2,600
	Interest expense									—
	Income before income taxes									$	2,600
		Three Months Ended June 30, 2013 (a)
		Lending		Other			Corporate			Total
	Revenue	$	33,781	$	3,003		$	622		$	37,406
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	1,395		163			392			1,950
	Selling and marketing expense	24,119		2,262			5			26,386
	General and administrative expense	874		420			4,357			5,651
	Product development	1,226		266			—			1,492
	Depreciation	345		426			101			872
	Amortization of intangibles	—		43			—			43
	Restructuring and severance	23		125			—			148
	Litigation settlements and contingencies	—		—			2,909			2,909
	Total costs and expenses	27,982		3,705			7,764			39,451
	Operating income (loss)	5,799		(702		)	(7,142		)	(2,045		)
	Adjustments to reconcile to Adjusted EBITDA:
	Amortization of intangibles	—		43			—			43
	Depreciation	345		426			101			872
	Restructuring and severance	23		125			—			148
	Loss on disposal of assets	—		—			—			—
	Non-cash compensation	483		95			854			1,432
	Litigation settlements and contingencies	—		—			2,909			2,909
	Adjusted EBITDA	$	6,650	$	(13	)	$	(3,278	)	$	3,359
	Operating loss									$	(2,045	)
	Interest expense									(7		)
	Loss before income taxes									$	(2,052	)
	(a)	For comparative purposes, revenue from and expenses related to personal loan offerings have been recast from the "Other" category to the lending segment.
		Six Months Ended June 30, 2014
		Lending		Other			Corporate			Total
	Revenue	$	75,977	$	6,203		$	—		$	82,180
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	3,318		242			—			3,560
Selling and marketing expense	52,571		3,842			—			56,413
General and administrative expense	2,493		1,397			7,721			11,611
Product development	3,097		661			—			3,758
Depreciation	763		734			204			1,701
Amortization of intangibles	—		55			—			55
Restructuring and severance	162		15			48			225
Litigation settlements and contingencies	—		—			8,092			8,092
Total costs and expenses	62,404		6,946			16,065			85,415
Operating income (loss)	13,573		(743		)	(16,065		)	(3,235		)
Adjustments to reconcile to Adjusted EBITDA:
Amortization of intangibles	—		55			—			55
Depreciation	763		734			204			1,701
Restructuring and severance	162		15			48			225
Loss on disposal of assets	—		35			17			52
Non-cash compensation	1,127		434			1,476			3,037
Acquisition expense	—		74			—			74
Litigation settlements and contingencies	—		—			8,092			8,092
Adjusted EBITDA	$	15,625	$	604		$	(6,228	)	$	10,001
Operating loss									(3,235		)
Interest expense									—
Loss before income taxes									$	(3,235	)
	Six Months Ended June 30, 2013 (a)
	Lending		Other			Corporate			Total
Revenue	$	59,454	$	5,410		$	622		$	65,486
Costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	2,550		337			419			3,306
Selling and marketing expense	39,279		4,357			5			43,641
General and administrative expense	1,852		930			9,425			12,207
Product development	2,176		521			—			2,697
Depreciation	719		843			195			1,757
Amortization of intangibles	—		86			—			86
Restructuring and severance	23		125			(2		)	146
Litigation settlements and contingencies	—		—			3,937			3,937
Total costs and expenses	46,599		7,199			13,979			67,777
Operating income (loss)	12,855		(1,789		)	(13,357		)	(2,291		)
Adjustments to reconcile to Adjusted EBITDA:
Amortization of intangibles	—		86			—			86
Depreciation	719		843			195			1,757
Restructuring and severance	23		125			(2		)	146
Loss on disposal of assets	—		—			24			24
Non-cash compensation	896		237			1,733			2,866
Discretionary cash bonus	—		—			920			920
Litigation settlements and contingencies	—		—			3,937			3,937
Adjusted EBITDA	$	14,493	$	(498	)	$	(6,550	)	$	7,445
Operating loss									(2,291		)
Interest expense									(14		)
Loss before income taxes									$	(2,305	)
(a)	For comparative purposes, revenue from and expenses related to personal loan offerings have been recast from the "Other" category to the lending segment.

RESTRUCTURING_EXPENSE

RESTRUCTURING EXPENSE	6 Months Ended
	Jun. 30, 2014
Restructuring and Related Activities [Abstract]	'
RESTRUCTURING EXPENSE	'
	RESTRUCTURING
	Accrued restructuring costs primarily relate to lease obligations for call center leases exited in 2010, which are expected to be completed by 2015. Restructuring expense and payments against liabilities are as follows (in thousands):
		Continuing
		Lease
		Obligations
	Balance at December 31, 2013	$	462
	Restructuring expense	8
	Payments	(148		)
	Balance at June 30, 2014	$	322
	The Company does not expect to incur significant additional costs related to the restructuring noted above.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	On May 12, 2011, the Company entered into an asset purchase agreement, later amended on February 7, 2012, that provided for the sale of substantially all of the operating assets of its LendingTree Loans business to Discover. The sale was completed on June 6, 2012. Discover has participated as a network lender since the closing of the transaction. An evaluation of the facts and circumstances of the transaction and the applicable accounting guidance for discontinued operations indicates that the LendingTree Loans business should be reflected as discontinued operations in the accompanying consolidated financial statements for all periods presented. The continuing cash flows related to this transaction are not significant and, accordingly, are not deemed to be direct cash flows of the divested business.
	The Company agreed to indemnify Discover for a breach or inaccuracy of any representation, warranty or covenant made by it in the asset purchase agreement, for any liability of LendingTree Loans that was not assumed, for any claims by its stockholders against Discover and for its failure to comply with any applicable bulk sales law, subject to certain limitations. Discover submitted a claim for indemnification relating to the sale prior to the closing of certain loans that were listed in the asset purchase agreement as to be conveyed to Discover at closing. In May 2013, this indemnification claim and other miscellaneous items were settled by agreeing to credit Discover for $1.3 million in future services. A majority of these credits were applied against services during the year ended December 31, 2013. The remaining credits were exhausted in the first quarter of 2014.
	The revenue and net loss reported as discontinued operations in the accompanying consolidated statements of operations are as follows (in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014				2013
	Revenue	$	2		$	(292	)	$	4			$	(1,486	)
	Income (loss) before income taxes	$	(2,930	)	$	(891	)	$	(3,501	)		$	(3,382	)
	Income tax benefit (expense)	(1		)	—			(4		)		(51		)
	Gain from sale of discontinued operations, net of tax	—			10,003			—				10,101
	Net income (loss)	$	(2,931	)	$	9,112		$	(3,505	)		$	6,668
	The assets and liabilities of discontinued operations in the accompanying consolidated balance sheets are as follows (in thousands):
		June 30,			December 31,
		2014			2013
	Current assets	$	715		$	521
	Non-current assets	100			129
	Current liabilities	(32,620		)	(32,004		)
	Non-current liabilities	(261		)	(254		)
	Net liabilities	$	(32,066	)	$	(31,608	)
	Significant Assets and Liabilities of LendingTree Loans
	Upon closing of the sale of substantially all of the operating assets of the LendingTree Loans business on June 6, 2012, LendingTree Loans ceased to originate consumer loans. The remaining operations are being wound down. These wind-down activities have included, among other things, selling the balance of loans held for sale to investors, paying off and then terminating the warehouse lines of credit and settling derivative obligations, all of which have been completed. Liability for losses on previously sold loans will remain with LendingTree Loans and are discussed below.
	Loan Loss Obligations
	LendingTree Loans sold loans it originated to investors on a servicing-released basis, so the risk of loss or default by the borrower was generally transferred to the investor. However, LendingTree Loans was required by these investors to make certain representations and warranties relating to credit information, loan documentation and collateral. These representations and warranties may extend through the contractual life of the loan. Subsequent to the loan sale, if underwriting deficiencies, borrower fraud or documentation defects are discovered in individual loans, LendingTree Loans may be obligated to repurchase the respective loan or indemnify the investors for any losses from borrower defaults if such deficiency or defect cannot be cured within the specified period following discovery. In the case of early loan payoffs and early defaults on certain loans, LendingTree Loans may be required to repay all or a portion of the premium initially paid by the investor.
	HLC, a subsidiary of the Company, continues to be liable for these indemnification obligations, repurchase obligations and premium repayment obligations following the sale of substantially all of the operating assets of its LendingTree Loans business in the second quarter of 2012. As of June 30, 2014, approximately $19.2 million is being held in escrow pending resolution of certain of these contingent liabilities. The Company has been negotiating with certain secondary market purchasers to settle any existing and future contingent liabilities, but it may not be able to complete such negotiations on acceptable terms, or at all. Because LendingTree Loans does not service the loans it sold, it does not maintain nor generally have access to the current balances and loan performance data with respect to the individual loans previously sold to investors. Accordingly, LendingTree Loans is unable to determine, with precision, its maximum exposure for breaches of the representations and warranties it made to the investors that purchased such loans.
	During the fourth quarter of 2013, the Company revised its estimation process for evaluating the adequacy of the reserve for loan losses to use a settlement discount framework. This model estimates the lifetime losses on the population of remaining loans originated and sold by LendingTree Loans using actual defaults for loans with similar characteristics and projected future defaults. It also considers the likelihood of claims expected due to alleged breaches of representations and warranties made by LendingTree Loans and the percentage of those claims investors estimate LendingTree Loans may agree to repurchase. A settlement discount factor is then applied to the result of the foregoing to reflect publicly announced bulk settlements for similar loan types and vintages, as well as LendingTree Loans' non-operating status, in order to estimate a range of potential obligation.
	The estimated range of remaining loan losses using this settlement discount framework was determined to be $15.9 million to $28.8 million as of June 30, 2014. The reserve balance recorded as of June 30, 2014 was $28.4 million. Management has considered both objective and subjective factors in the estimation process, but given current general industry trends in mortgage loans as well as housing prices and market expectations, actual losses related to LendingTree Loans' obligations could vary significantly from the obligation recorded as of the balance sheet date or the range estimated above.
	Additionally, Tree.com has guaranteed certain loans sold to two investors in the event that LendingTree Loans is unable to satisfy its repurchase and warranty obligations related to such loans.
	The following table represents the loans sold for the periods shown and the aggregate loan losses through June 30, 2014:
			30-Jun-14
	Period of Loan Sales		Number of		Original			Number of			Original				Amount of
			Loans Sold		Principal			Loans with			Principal				Aggregate
					Balance			Losses			Balance of				Losses
											Loans with
											Losses
					(in billions)						(in millions)				(in millions)
	2014		—		$	—		—			$	—			$	—
	2013		—		—			—			—				—
	2012		9,200		1.9			—			—				—
	2011		12,500		2.7			1			0.3				0.1
	2010		12,400		2.8			4			1.1				0.1
	2009		12,800		2.8			5			1.2				0.2
	2008		11,000		2.2			33			6.9				2.2
	2007		36,300		6.1			160			22.1				8.2
	2006		55,000		7.9			207			24.5				13.4
	2005 and prior years		86,700		13			89			12.3				5
	Total		235,900		$	39.4		499			$	68.4			$	29.2
	In the second quarter of 2014, LendingTree Loans completed settlements with two buyers of previously purchased loans. The settlement amounts were included in charge-offs to the reserve in the second quarter of 2014. The settlement amounts for these settlements were not determined on an individual loan basis and are, therefore, not included in the loss amounts disclosed above for the years such loans were sold.
	Based on historical experience, it is anticipated that LendingTree Loans will continue to receive repurchase requests and incur losses on loans sold in prior years.
	The activity related to loss reserves on previously sold loans is as follows (in thousands):
		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014				2013
	Loan loss reserve, beginning of period	$	28,543		$	28,379		$	28,543			$	27,182
	Provisions	—			296			—				1,493
	Charge-offs to reserves	(153		)	—			(153		)		—
	Loan loss reserve, end of period	$	28,390		$	28,675		$	28,390			$	28,675
	The liability for losses on previously sold loans is presented as current liabilities of discontinued operations in the accompanying consolidated balance sheet as of June 30, 2014 and December 31, 2013.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Accounting Estimates	'
	Accounting Estimates
	Management is required to make certain estimates and assumptions during the preparation of the consolidated financial statements in accordance with GAAP. These estimates and assumptions impact the reported amount of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net earnings during any period. Actual results could differ from those estimates.
	Significant estimates underlying the accompanying consolidated financial statements, including discontinued operations, include: loan loss obligations; the recoverability of long-lived assets, goodwill and intangible assets; the determination of income taxes payable and deferred income taxes, including related valuation allowances; restructuring reserves; various other allowances, reserves and accruals; and assumptions related to the determination of stock-based compensation.
Certain Risks and Concentrations	'
	Certain Risks and Concentrations
	Tree.com's business is subject to certain risks and concentrations including dependence on third-party technology providers, exposure to risks associated with online commerce security and credit card fraud.
	Financial instruments, which potentially subject the Company to concentration of credit risk at June 30, 2014, consist primarily of cash and cash equivalents and accounts receivable, as disclosed in the consolidated balance sheet. Cash and cash equivalents are in excess of Federal Deposit Insurance Corporation insurance limits, but are maintained with quality financial institutions of high credit. The Company generally requires certain network lenders to maintain security deposits with the Company, which in the event of non-payment, would be applied against any accounts receivable outstanding.
	Due to the nature of the mortgage lending industry, interest rate increases may negatively impact future revenue from the Company's lender network.
	Lenders participating on the Company's lender network can offer their products directly to consumers through brokers, mass marketing campaigns or through other traditional methods of credit distribution. These lenders can also offer their products online, either directly to prospective borrowers, through one or more online competitors, or both. If a significant number of potential consumers are able to obtain loans from participating lenders without utilizing the Company's service, its ability to generate revenue may be limited. Because the Company does not have exclusive relationships with the lenders whose loan offerings are offered on its online marketplace, consumers may obtain offers and loans from these lenders without using its service.
	The Company maintains operations solely in the United States.
Litigation Settlements and Contingencies	'
	Litigation Settlements and Contingencies
	Litigation settlements and contingencies consists of expenses related to actual or anticipated litigation settlements, in addition to legal fees incurred in connection with various patent litigation claims the Company pursues against others.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09 related to revenue recognition. This ASU was initiated as a joint project between the FASB and the International Accounting Standards Board ("IASB") to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP and IFRS. This guidance will supersede the existing revenue recognition requirements in Accounting Standards Codification ("ASC") Topic 605, Revenue Recognition and is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted and the ASU can be applied (i) retrospectively to each prior period presented or (ii) retrospectively with the cumulative effect of initially adopting the ASU recognized at the date of initial application. The Company is evaluating the impact this ASU will have on its consolidated financial statements.
	There are no recently issued accounting pronouncements that were adopted during the quarter ended June 30, 2014.

RESTRICTED_CASH_RESTRICTED_CAS1

RESTRICTED CASH RESTRICTED CASH (Tables)	6 Months Ended
	Jun. 30, 2014
Cash and Cash Equivalents [Abstract]	'
Schedule of Restricted Cash and Cash Equivalents	'
	Restricted cash and cash equivalents consists of the following (in thousands):
		June 30,		December 31,
		2014		2013
	Cash in escrow for surety bonds	$	2,453	$	2,453
	Cash in escrow for corporate purchasing card program	400		400
	Cash in escrow for sale of LendingTree Loans (a)	16,105		18,117
	Cash in escrow for earnout related to an acquisition (b)	—		1,956
	Cash restricted for loan loss obligations	3,051		3,051
	Other	35		40
	Total restricted cash and cash equivalents	$	22,044	$	26,017
	(a)	Home Loan Center, Inc. ("HLC"), a subsidiary of the Company, continues to be liable for certain indemnification obligations, repurchase obligations and premium repayment obligations following the sale of substantially all of the operating assets of its LendingTree Loans business in the second quarter of 2012. During the second quarter of 2014, the Company reached and executed a settlement with one of its secondary market purchasers related to these contingent liabilities, upon which $2.0 million of cash previously held in escrow was released to the Company. This settlement had no impact on the results of operations for the three and six months ended June 30, 2014.
	(b)	During the first quarter of 2014, the Company reached and executed a settlement with the disputing party on the earnout related to an acquisition, upon which $2.0 million of cash previously held in escrow was released, of which $1.0 million was paid out to the disputing party. This settlement had no impact on the results of operations for the three and six months ended June 30, 2014.

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of balance of goodwill and intangible assets, net	'
	The balance of goodwill and intangible assets, net is as follows (in thousands):
		June 30,			December 31,
		2014			2013
	Goodwill	$	486,720		$	486,720
	Accumulated impairment losses	(483,088		)	(483,088		)
	Net goodwill	$	3,632		$	3,632
	Intangible assets with indefinite lives	$	10,142		$	10,142
	Intangible assets with definite lives, net	1,077			542
	Total intangible assets, net	$	11,219		$	10,684
Schedule of intangible assets with definite lives	'
	Intangible assets with definite lives relate to the following (in thousands):
		Cost			Accumulated			Net
					Amortization
	Purchase agreements	$	236		$	(236	)	$	—
	Technology	25,194			(25,194		)	—
	Customer lists	7,222			(6,196		)	1,026
	Other	1,567			(1,516		)	51
	Balance at June 30, 2014	$	34,219		$	(33,142	)	$	1,077
		Cost			Accumulated			Net
					Amortization
	Purchase agreements	$	236		$	(212	)	$	24
	Technology	25,194			(25,194		)	—
	Customer lists	6,682			(6,166		)	516
	Other	1,517			(1,515		)	2
	Balance at December 31, 2013	$	33,629		$	(33,087	)	$	542
Schedule of amortization of intangible assets with definite lives for the next five years	'
	Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of June 30, 2014, future amortization is estimated to be as follows (in thousands):
		Amortization Expense
	Remainder of current year	$	66
	Year ending December 31, 2015	101
	Year ending December 31, 2016	101
	Year ending December 31, 2017	92
	Year ending December 31, 2018	84
	Thereafter	633
	Total intangible assets with definite lives, net	$	1,077

ACCRUED_EXPENSES_AND_OTHER_CUR1

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2014
Payables and Accruals [Abstract]	'
Schedule of accrued expenses and other current liabilities	'
	Accrued expenses and other current liabilities consist of the following (in thousands):
		June 30,		December 31,
		2014		2013
	Accrued litigation liabilities	$	500	$	500
	Accrued advertising expense	11,501		8,837
	Accrued compensation and benefits	2,614		3,378
	Accrued professional fees	823		1,806
	Accrued restructuring costs	295		284
	Customer deposits and escrows	4,424		4,279
	Deferred rent	271		245
	Other	3,077		3,985
	Total accrued expenses and other current liabilities	$	23,505	$	23,314

SHAREHOLDERS_EQUITY_Tables

SHAREHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of computation of weighted average diluted shares	'
	Basic and diluted loss per share was determined based on the following share data (in thousands):
		Three Months Ended June 30,		Six Months Ended June 30,
		2014	2013	2014	2013
	Weighted average basic common shares	11,214	11,133	11,178	11,050
	Effect of stock options	461	—	—	—
	Effect of dilutive share awards	174	—	—	—
	Weighted average diluted common shares	11,849	11,133	11,178	11,050

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of non-cash compensation expense related to equity awards	'
	Non-cash compensation related to equity awards is included in the following line items in the accompanying consolidated statements of operations (in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014				2013
	Cost of revenue	$	7		$	3		$	13			$	5
	Selling and marketing expense	226			306			459				523
	General and administrative expense	928			879			1,989				1,909
	Product development	260			244			576				429
	Restructuring and severance	—			—			36				—
	Total non-cash compensation	$	1,421		$	1,432		$	3,073			$	2,866
Summary of changes in outstanding stock options	'
	A summary of changes in outstanding stock options is as follows:
		Number of Options		Weighted			Weighted		Aggregate
				Average			Average		Intrinsic
				Exercise			Remaining		Value(a)
				Price			Contractual
							Term
				(per option)			(in years)		(in thousands)
	Options outstanding at January 1, 2014	1,038,999		$	8.98
	Granted (b)	104,910		27.95
	Exercised	(4,534	)	12.12
	Forfeited	—		—
	Expired	(669	)	13.46
	Options outstanding at June 30, 2014	1,138,706		10.72			4.76		$	21,171
	Options exercisable at June 30, 2014	983,795		$	9.04		4.12		$	19,771
	(a)	The aggregate intrinsic value represents the total pre-tax intrinsic value (the difference between the Company's closing stock price of $29.14 on the last trading day of the quarter ended June 30, 2014 and the exercise price, multiplied by the number of shares covered by in-the-money options) that would have been received by the option holders had all option holders exercised their options on June 30, 2014. The intrinsic value changes based on the market value of the Company's common stock.
	(b)	During the first six months ended June 30, 2014, the Company granted stock options to certain executives with weighted average grant date fair values per share ranging from $12.29 to $17.13 that vest over a period of three years from the grant date and to non-employee members of the board of directors with a weighted average grant date fair value per share of $13.08 that vest over a period of two years from the grant date.
Schedule of stock option valuation assumptions	'
	For purposes of determining stock-based compensation expense, the weighted average grant date fair value per share of the stock options was estimated using the Black-Scholes option pricing model, which requires the use of various key assumptions. The weighted average assumptions used are as follows:
	Expected term (1)	5.75 - 6.0 years
	Expected dividend (2)	—
	Expected volatility (3)	53% - 54%
	Risk-free interest rate (4)	1.85% - 1.97%
	-1	The expected term of stock options granted was calculated using the 'Simplified Method', which utilizes the midpoint between the weighted average time of vesting and the end of the contractual term. This method was utilized for the stock options due to a lack of historical exercise behavior by the Company's employees.
	-2	For all stock options granted in 2014, no dividends are expected to be paid over the contractual term of the stock options, resulting in a zero expected dividend rate.
	-3	The expected volatility rate is based on the historical volatility of the Company's common stock for the four years preceding the grant date, supplemented with the historical volatility of its peer group for the two years preceding the Company's historical volatility. A blended rate was used because the Company became a public company in 2008 and, therefore, does not have a historical volatility equal to the expected term of these awards.
	-4	The risk-free interest rate is specific to the date of grant. The risk-free interest rate is based on U.S. Treasury yields for notes with comparable expected terms as the awards, in effect at the grant date.
Schedule of non-vested RSUs, RSUs with a market condition, restricted stock and restricted stock with a market condition as at the end of the period and changes during the reporting period	'
	A summary of the changes in outstanding nonvested restricted stock units ("RSUs") and restricted stock is as follows:
		RSUs					RSUs
							Performance Condition
		Number of Units		Weighted			Number of Units			Weighted
				Average						Average
				Grant Date						Grant Date
				Fair Value						Fair Value
				(per unit)						(per unit)
	Nonvested at January 1, 2014	599,122		$	14.15		—			$	—
	Granted	121,873		32.28			500			33.59
	Vested	(209,507	)	13.36			—			—
	Forfeited	(42,952	)	15.85			—			—
	Nonvested at June 30, 2014	468,536		$	19.12		500			$	33.59
		Restricted Stock					Restricted Stock
							Market Condition
		Number of		Weighted			Number of			Weighted
		Shares		Average			Shares			Average
				Grant Date						Grant Date
				Fair Value						Fair Value
				(per share)						(per share)
	Nonvested at January 1, 2014	119,500		$	22.47		62,500			$	13.93
	Granted	43,389		25.14			—			—
	Vested	(20,833	)	17.49			(62,500	)		13.93
	Forfeited	—		—			—			—
	Nonvested at June 30, 2014	142,056		$	24.02		—			$	—

INCOME_TAXES_Tables

INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of income tax benefit (provision)	'
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands, except percentages)
	Income tax benefit (provision)	$	83		$	19		$	84		$	(1	)
	Effective tax rate	3.2		%	0.9		%	2.6		%	—		%

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
Summary of information by segment and reconciliations to Adjusted EBITDA and income (loss) before income taxes	'
	Summarized information by segment and reconciliations to Adjusted EBITDA and income (loss) before income taxes is as follows (in thousands):
		Three Months Ended June 30, 2014
		Lending		Other			Corporate			Total
	Revenue	$	39,049	$	3,095		$	—		$	42,144
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	1,773		122			—			1,895
	Selling and marketing expense	26,952		2,012			—			28,964
	General and administrative expense	1,247		615			3,616			5,478
	Product development	1,474		352			—			1,826
	Depreciation	400		441			105			946
	Amortization of intangibles	—		27			—			27
	Restructuring and severance	14		—			9			23
	Litigation settlements and contingencies	—		—			385			385
	Total costs and expenses	31,860		3,569			4,115			39,544
	Operating income (loss)	7,189		(474		)	(4,115		)	2,600
	Adjustments to reconcile to Adjusted EBITDA:
	Amortization of intangibles	—		27			—			27
	Depreciation	400		441			105			946
	Restructuring and severance	14		—			9			23
	Loss on disposal of assets	—		27			17			44
	Non-cash compensation	528		169			724			1,421
	Acquisition expense	—		74			—			74
	Litigation settlements and contingencies	—		—			385			385
	Adjusted EBITDA	$	8,131	$	264		$	(2,875	)	$	5,520
	Operating income									$	2,600
	Interest expense									—
	Income before income taxes									$	2,600
		Three Months Ended June 30, 2013 (a)
		Lending		Other			Corporate			Total
	Revenue	$	33,781	$	3,003		$	622		$	37,406
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	1,395		163			392			1,950
	Selling and marketing expense	24,119		2,262			5			26,386
	General and administrative expense	874		420			4,357			5,651
	Product development	1,226		266			—			1,492
	Depreciation	345		426			101			872
	Amortization of intangibles	—		43			—			43
	Restructuring and severance	23		125			—			148
	Litigation settlements and contingencies	—		—			2,909			2,909
	Total costs and expenses	27,982		3,705			7,764			39,451
	Operating income (loss)	5,799		(702		)	(7,142		)	(2,045		)
	Adjustments to reconcile to Adjusted EBITDA:
	Amortization of intangibles	—		43			—			43
	Depreciation	345		426			101			872
	Restructuring and severance	23		125			—			148
	Loss on disposal of assets	—		—			—			—
	Non-cash compensation	483		95			854			1,432
	Litigation settlements and contingencies	—		—			2,909			2,909
	Adjusted EBITDA	$	6,650	$	(13	)	$	(3,278	)	$	3,359
	Operating loss									$	(2,045	)
	Interest expense									(7		)
	Loss before income taxes									$	(2,052	)
	(a)	For comparative purposes, revenue from and expenses related to personal loan offerings have been recast from the "Other" category to the lending segment.
		Six Months Ended June 30, 2014
		Lending		Other			Corporate			Total
	Revenue	$	75,977	$	6,203		$	—		$	82,180
	Costs and expenses:
	Cost of revenue (exclusive of depreciation shown separately below)	3,318		242			—			3,560
	Selling and marketing expense	52,571		3,842			—			56,413
	General and administrative expense	2,493		1,397			7,721			11,611
	Product development	3,097		661			—			3,758
	Depreciation	763		734			204			1,701
	Amortization of intangibles	—		55			—			55
Restructuring and severance	162		15			48			225
Litigation settlements and contingencies	—		—			8,092			8,092
Total costs and expenses	62,404		6,946			16,065			85,415
Operating income (loss)	13,573		(743		)	(16,065		)	(3,235		)
Adjustments to reconcile to Adjusted EBITDA:
Amortization of intangibles	—		55			—			55
Depreciation	763		734			204			1,701
Restructuring and severance	162		15			48			225
Loss on disposal of assets	—		35			17			52
Non-cash compensation	1,127		434			1,476			3,037
Acquisition expense	—		74			—			74
Litigation settlements and contingencies	—		—			8,092			8,092
Adjusted EBITDA	$	15,625	$	604		$	(6,228	)	$	10,001
Operating loss									(3,235		)
Interest expense									—
Loss before income taxes									$	(3,235	)
	Six Months Ended June 30, 2013 (a)
	Lending		Other			Corporate			Total
Revenue	$	59,454	$	5,410		$	622		$	65,486
Costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	2,550		337			419			3,306
Selling and marketing expense	39,279		4,357			5			43,641
General and administrative expense	1,852		930			9,425			12,207
Product development	2,176		521			—			2,697
Depreciation	719		843			195			1,757
Amortization of intangibles	—		86			—			86
Restructuring and severance	23		125			(2		)	146
Litigation settlements and contingencies	—		—			3,937			3,937
Total costs and expenses	46,599		7,199			13,979			67,777
Operating income (loss)	12,855		(1,789		)	(13,357		)	(2,291		)
Adjustments to reconcile to Adjusted EBITDA:
Amortization of intangibles	—		86			—			86
Depreciation	719		843			195			1,757
Restructuring and severance	23		125			(2		)	146
Loss on disposal of assets	—		—			24			24
Non-cash compensation	896		237			1,733			2,866
Discretionary cash bonus	—		—			920			920
Litigation settlements and contingencies	—		—			3,937			3,937
Adjusted EBITDA	$	14,493	$	(498	)	$	(6,550	)	$	7,445
Operating loss									(2,291		)
Interest expense									(14		)
Loss before income taxes									$	(2,305	)
(a)	For comparative purposes, revenue from and expenses related to personal loan offerings have been recast from the "Other" category to the lending segment.

RESTRUCTURING_EXPENSE_Tables

RESTRUCTURING EXPENSE (Tables)	6 Months Ended
	Jun. 30, 2014
Restructuring and Related Activities [Abstract]	'
Schedule of restructuring expense and payments against liabilities	'
	Restructuring expense and payments against liabilities are as follows (in thousands):
		Continuing
		Lease
		Obligations
	Balance at December 31, 2013	$	462
	Restructuring expense	8
	Payments	(148		)
	Balance at June 30, 2014	$	322

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2014
DISCONTINUED OPERATIONS	'
Schedule of revenue and net income (loss) of the discontinued operations	'
	The revenue and net loss reported as discontinued operations in the accompanying consolidated statements of operations are as follows (in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014				2013
	Revenue	$	2		$	(292	)	$	4			$	(1,486	)
	Income (loss) before income taxes	$	(2,930	)	$	(891	)	$	(3,501	)		$	(3,382	)
	Income tax benefit (expense)	(1		)	—			(4		)		(51		)
	Gain from sale of discontinued operations, net of tax	—			10,003			—				10,101
	Net income (loss)	$	(2,931	)	$	9,112		$	(3,505	)		$	6,668
Schedule of assets and liabilities of the discontinued operations	'
	The assets and liabilities of discontinued operations in the accompanying consolidated balance sheets are as follows (in thousands):
		June 30,			December 31,
		2014			2013
	Current assets	$	715		$	521
	Non-current assets	100			129
	Current liabilities	(32,620		)	(32,004		)
	Non-current liabilities	(261		)	(254		)
	Net liabilities	$	(32,066	)	$	(31,608	)
Lending Tree Loans	'
DISCONTINUED OPERATIONS	'
Schedule of loans sold for the period and the aggregate loan losses	'
	The following table represents the loans sold for the periods shown and the aggregate loan losses through June 30, 2014:
			30-Jun-14
	Period of Loan Sales		Number of		Original			Number of			Original				Amount of
			Loans Sold		Principal			Loans with			Principal				Aggregate
					Balance			Losses			Balance of				Losses
											Loans with
											Losses
					(in billions)						(in millions)				(in millions)
	2014		—		$	—		—			$	—			$	—
	2013		—		—			—			—				—
	2012		9,200		1.9			—			—				—
	2011		12,500		2.7			1			0.3				0.1
	2010		12,400		2.8			4			1.1				0.1
	2009		12,800		2.8			5			1.2				0.2
	2008		11,000		2.2			33			6.9				2.2
	2007		36,300		6.1			160			22.1				8.2
	2006		55,000		7.9			207			24.5				13.4
	2005 and prior years		86,700		13			89			12.3				5
	Total		235,900		$	39.4		499			$	68.4			$	29.2
Schedule of activity related to loss reserves on previously sold loans	'
		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014				2013
	Loan loss reserve, beginning of period	$	28,543		$	28,379		$	28,543			$	27,182
	Provisions	—			296			—				1,493
	Charge-offs to reserves	(153		)	—			(153		)		—
	Loan loss reserve, end of period	$	28,390		$	28,675		$	28,390			$	28,675

ORGANIZATION_Details_Disc_Ops

ORGANIZATION (Details - Disc Ops) (USD $)	3 Months Ended		6 Months Ended					3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Jun. 30, 2014	Feb. 07, 2012
						Cash in escrow for sale of LendingTree Loans	Cash in escrow for sale of LendingTree Loans	Lending Tree Loans	Lending Tree Loans	Lending Tree Loans
								Discover Bank	Discover Bank	Discover Bank
Organization - Discontinued Operations	'	'	'	'	'	'	'	'	'	'
Total proceeds from the sale	'	'	'	'	'	'	'	'	'	$55,900,000
Amount received from sale of assets prior to closing	'	'	'	'	'	'	'	'	'	8,000,000
Amount received from sale of assets on the closing	'	'	'	'	'	'	'	'	'	37,900,000
Amount received from the sale on the first anniversary of the closing	'	'	'	'	'	'	'	'	'	10,000,000
Gain from sale of discontinued operations, net of tax	0	10,003,000	0	10,101,000	'	'	'	10,000,000	'	'
Restricted cash and cash equivalents	$22,044,000	'	$22,044,000	'	$26,017,000	$16,105,000	$18,117,000	'	$19,200,000	'
Period for which marketing related services are to be provided	'	'	'	'	'	'	'	'	'17 months	'

RESTRICTED_CASH_RESTRICTED_CAS2

RESTRICTED CASH RESTRICTED CASH (Details - Balance Sheet) (USD $)

6 Months Ended

3 Months Ended

3 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Mar. 31, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Escrow Deposit for Surety Bonds

Escrow Deposit for Surety Bonds

Escrow Deposit for Corporate Purchasing Card Program

Escrow Deposit for Corporate Purchasing Card Program

Cash in escrow for sale of LendingTree Loans

Cash in escrow for sale of LendingTree Loans

Escrow Deposit for Earnout Related to Acquisition

Escrow Deposit for Earnout Related to Acquisition

Escrow Deposit for Earnout Related to Acquisition

Escrow Deposit for Loan Loss Obligations

Escrow Deposit for Loan Loss Obligations

Other Restricted Cash and Cash Equivalents

Other Restricted Cash and Cash Equivalents

Restricted Cash and Cash Equivalents

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted cash and cash equivalents

$22,044,000

'

$26,017,000

$2,453,000

$2,453,000

$400,000

$400,000

$16,105,000

$18,117,000

'

$0

$1,956,000

$3,051,000

$3,051,000

$35,000

$40,000

Decrease (increase) in Restricted Cash

3,973,000

-652,000

'

'

'

'

'

2,000,000

'

2,000,000

'

'

'

'

'

'

Payment made from restricted cash on loss contingency

'

'

'

'

'

'

'

'

'

$1,000,000

'

'

'

'

'

'

GOODWILL_AND_INTANGIBLE_ASSETS2

GOODWILL AND INTANGIBLE ASSETS (Details - Balance Sheet) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Goodwill	$486,720	$486,720
Accumulated impairment losses	-483,088	-483,088
Net goodwill	3,632	3,632
Intangible assets with indefinite lives	10,142	10,142
Intangible assets with definite lives, net	1,077	542
Total intangible assets, net	$11,219	$10,684

GOODWILL_AND_INTANGIBLE_ASSETS3

GOODWILL AND INTANGIBLE ASSETS (Details - Definite Lived Intangibles) (USD $)	0 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Intangible assets with definite lives	'	'
Initial purchase price of intangible assets	$600,000	'
Contingent purchase price of intangible assets, minimum	0	'
Contingent purchase price of intangible assets, maximum	800,000	'
Intangible assets acquired	600,000	'
Cost	34,219,000	33,629,000
Accumulated amortization	-33,142,000	-33,087,000
Total intangible assets with definite lives, net	1,077,000	542,000
Purchase agreements	'	'
Intangible assets with definite lives	'	'
Cost	236,000	236,000
Accumulated amortization	-236,000	-212,000
Total intangible assets with definite lives, net	0	24,000
Technology	'	'
Intangible assets with definite lives	'	'
Cost	25,194,000	25,194,000
Accumulated amortization	-25,194,000	-25,194,000
Total intangible assets with definite lives, net	0	0
Customer lists	'	'
Intangible assets with definite lives	'	'
Cost	7,222,000	6,682,000
Accumulated amortization	-6,196,000	-6,166,000
Total intangible assets with definite lives, net	1,026,000	516,000
Other	'	'
Intangible assets with definite lives	'	'
Cost	1,567,000	1,517,000
Accumulated amortization	-1,516,000	-1,515,000
Total intangible assets with definite lives, net	$51,000	$2,000

GOODWILL_AND_INTANGIBLE_ASSETS4

GOODWILL AND INTANGIBLE ASSETS (Details - 5yr Definite Lived Intangibles Amortization) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Amortization of intangible assets with definite lives computed on a straight-line basis	'	'
Remainder of current year	$66	'
2015	101	'
2016	101	'
2017	92	'
2018	84	'
Thereafter	633	'
Total intangible assets with definite lives, net	$1,077	$542

ACCRUED_EXPENSES_AND_OTHER_CUR2

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details - Balance Sheet) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accrued expenses and other current liabilities	'	'
Accrued litigation liability	$500	$500
Accrued advertising expense	11,501	8,837
Accrued compensation and benefits	2,614	3,378
Accrued professional fees	823	1,806
Accrued restructuring costs	295	284
Customer deposits and escrows	4,424	4,279
Deferred rent	271	245
Other	3,077	3,985
Total accrued expenses and other current liabilities	$23,505	$23,314

SHAREHOLDERS_EQUITY_Details

SHAREHOLDERS' EQUITY (Details) (USD $)	0 Months Ended		3 Months Ended		6 Months Ended
	7-May-14	Jan. 11, 2010	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Calculation of weighted average common shares	'	'	'	'	'	'
Basic	'	'	11,214,000	11,133,000	11,178,000	11,050,000
Effect of dilutive securities	'	'	'	'	'	'
Effect of stock options (in shares)	'	'	461,000	0	0	0
Effect of dilutive share awards (in shares)	'	'	174,000	0	0	0
Weighted average common shares, diluted	'	'	11,849,000	11,133,000	11,178,000	11,050,000
Anti-dilutive securities excluded from calculation of diluted earnings per share (in shares)	'	'	100,000	600,000	700,000	700,000
Common stock repurchases	'	'	'	'	'	'
Value of common stock authorized to be repurchased	$10,000,000	$10,000,000	'	'	'	'
Purchase of treasury stock (in shares)	'	'	59,200	'	59,200	'
Remaining authorized repurchase amount	'	'	'	'	$8,600,000	'

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details - P&L Impact) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	$1,421	$1,432	$3,073	$2,866
Cost of revenue	'	'	'	'
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	7	3	13	5
Selling and marketing expense	'	'	'	'
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	226	306	459	523
General and administrative expense	'	'	'	'
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	928	879	1,989	1,909
Product development	'	'	'	'
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	260	244	576	429
Restructuring and severance	'	'	'	'
Non-cash compensation expense related to equity awards	'	'	'	'
Total non-cash compensation	$0	$0	$36	$0

STOCKBASED_COMPENSATION_Detail1

STOCK-BASED COMPENSATION (Details - Stock Options Rollforward) (USD $)	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Aug. 06, 2014	Aug. 06, 2014	Aug. 06, 2014	Aug. 06, 2014
		Stock options	Director stock options	Minimum	Maximum	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
				Stock options	Stock options		Stock options	Tranche1	Tranche2
								Stock options	Stock options
STOCK-BASED COMPENSATION	'	'	'	'	'	'	'	'	'
Share Price	$29.14	'	'	'	'	$26.59	'	'	'
Award vesting rights percentage	'	'	'	'	'	'	'	25.00%	75.00%
Stock options, Shares	'	'	'	'	'	'	'	'	'
Outstanding at the beginning of the period (in shares)	'	1,038,999	'	'	'	'	'	'	'
Granted (in shares)	'	104,910	'	'	'	'	1,000,000	'	'
Exercised (in shares)	'	-4,534	'	'	'	'	'	'	'
Forfeited (in shares)	'	0	'	'	'	'	'	'	'
Expired (in shares)	'	-669	'	'	'	'	'	'	'
Outstanding at the end of the period (in shares)	'	1,138,706	'	'	'	'	'	'	'
Options exercisable at the end of the period (in shares)	'	983,795	'	'	'	'	'	'	'
Stock options, Weighted Average Exercise Price	'	'	'	'	'	'	'	'	'
Outstanding at the beginning of the period (in dollars per share)	'	$8.98	'	'	'	'	'	'	'
Granted (in dollars per share)	'	$27.95	'	'	'	'	'	'	'
Exercised (in dollars per share)	'	$12.12	'	'	'	'	'	'	'
Forfeited (in dollars per share)	'	$0	'	'	'	'	'	'	'
Expired (in dollars per share)	'	$13.46	'	'	'	'	'	'	'
Outstanding at the end of the period (in dollars per share)	'	$10.72	'	'	'	'	'	'	'
Options exercisable at the end of the period (in dollars per share)	'	$9.04	'	'	'	'	'	'	'
Stock options, Weighted Average Remaining Contractual Term	'	'	'	'	'	'	'	'	'
Outstanding at the end of the period	'	'4 years 9 months 5 days	'	'	'	'	'	'	'
Options exercisable at the end of the period	'	'4 years 1 month 15 days	'	'	'	'	'	'	'
Stock options, Aggregate Intrinsic Value	'	'	'	'	'	'	'	'	'
Outstanding at the end of the period	'	$21,171,000	'	'	'	'	'	'	'
Options exercisable at the end of the period	'	19,771,000	'	'	'	'	'	'	'
Stock options, Grant Date Fair Value Valuation	'	'	'	'	'	'	'	'	'
Grant date fair value	'	'	$13.08	$12.29	$17.13	'	'	'	'
Expected term	'	'	'	'P5Y9M	'P6Y	'	'	'	'
Vesting period	'	'3 years	'2 years	'	'	'	'2 years 6 months	'	'3 years 6 months
Expected dividends	'	$0	'	'	'	'	'	'	'
Expected dividend rate	'	0.00%	'	'	'	'	'	'	'
Expected volatility, minimum	'	53.00%	'	'	'	'	'	'	'
Expected volatility, maximum	'	54.00%	'	'	'	'	'	'	'
Risk-free interest rate, minimum	'	1.85%	'	'	'	'	'	'	'
Risk-free interest rate, maximum	'	1.97%	'	'	'	'	'	'	'

STOCKBASED_COMPENSATION_Detail2

STOCK-BASED COMPENSATION (Details - RSA & RSU Rollforwards) (USD $)	6 Months Ended
	Jun. 30, 2014
RSUs	'
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Number of Shares	'
Nonvested at the beginning of the period (in shares)	599,122
Granted (in shares)	121,873
Vested (in shares)	-209,507
Forfeited (in shares)	-42,952
Nonvested at the end of the period (in shares)	468,536
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Weighted Average Grant Date Fair Value	'
Nonvested at the beginning of the period (in dollars per share)	$14.15
Granted (in dollars per share)	$32.28
Vested (in dollars per share)	$13.36
Forfeited (in dollars per share)	$15.85
Nonvested at the end of the period (in dollars per share)	$19.12
RSUs with a market condition	'
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Number of Shares	'
Nonvested at the beginning of the period (in shares)	0
Granted (in shares)	500
Nonvested at the end of the period (in shares)	500
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Weighted Average Grant Date Fair Value	'
Nonvested at the beginning of the period (in dollars per share)	$0
Granted (in dollars per share)	$33.59
Nonvested at the end of the period (in dollars per share)	$33.59
Restricted stock	'
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Number of Shares	'
Nonvested at the beginning of the period (in shares)	119,500
Granted (in shares)	43,389
Vested (in shares)	-20,833
Nonvested at the end of the period (in shares)	142,056
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Weighted Average Grant Date Fair Value	'
Nonvested at the beginning of the period (in dollars per share)	$22.47
Granted (in dollars per share)	$25.14
Vested (in dollars per share)	$17.49
Nonvested at the end of the period (in dollars per share)	$24.02
Restricted stock with a market condition	'
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Number of Shares	'
Nonvested at the beginning of the period (in shares)	62,500
Vested (in shares)	-62,500
Nonvested at the end of the period (in shares)	0
Nonvested RSUs, RSUs with a Market Condition, Restricted Stock and Restricted Stock with a Market Condition, Weighted Average Grant Date Fair Value	'
Nonvested at the beginning of the period (in dollars per share)	$13.93
Vested (in dollars per share)	$13.93
Nonvested at the end of the period (in dollars per share)	$0

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Income tax benefit (expense)	$83	$19	$84	($1)
Effective tax rates (as a percent)	3.20%	0.90%	2.60%	0.00%

CONTINGENCIES_Details

CONTINGENCIES (Details) (USD $)

Jun. 30, 2014

Dec. 31, 2013

25-May-07

Oct. 14, 2011

Jun. 30, 2014

Aug. 07, 2014

Jun. 30, 2014

Jul. 31, 2014

Dec. 31, 2013

Jun. 30, 2014

Sep. 08, 2010

Jun. 30, 2014

Mar. 12, 2014

Violation of various laws and breach of contracts and covenants

Unfavorable regulatory action

Unfavorable regulatory action

Unfavorable regulatory action

Lijkel Dijkstra v. Harry Carenbauer, Home Loan Center, Inc

Lijkel Dijkstra v. Harry Carenbauer, Home Loan Center, Inc

Boschma v. Home Loan Center, Inc.

Boschma v. Home Loan Center, Inc.

Lending Tree v. Zillow, Inc.

Lending Tree v. Zillow, Inc.

Lending Tree v. Zillow, Inc.

complaint

regulator

Subsequent Event [Member]

Subsequent Event [Member]

patent

patent

regulator

Contingencies

'

'

'

'

'

'

'

'

'

'

'

'

'

Accrued litigation liability

$500,000

$500,000

'

'

'

'

'

'

'

'

'

'

'

Litigation settlement, gross

'

'

'

'

'

'

'

2,800,000

450,000

'

'

'

'

Range of possible loss, minimum

'

'

'

'

500,000

'

'

'

'

'

'

0

'

Range of possible loss, maximum

'

'

'

'

6,500,000

'

'

'

'

'

'

7,300,000

'

Amount of reserve for contingencies

'

'

'

'

$500,000

'

$2,800,000

'

'

$435,000

'

'

'

Number of patents alleged infringement upon, maximum

'

'

'

'

'

'

'

'

'

'

2

'

'

Number of patents found not infringed upon

'

'

'

'

'

'

'

'

'

'

'

'

2

Number of total complaints filed

'

'

8

'

'

'

'

'

'

'

'

'

'

Number of complaints dismissed by federal and state courts

'

'

7

'

'

'

'

'

'

'

'

'

'

Number of Joining Regulators

'

'

'

34

'

0

'

'

'

'

'

'

'

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			segment
SEGMENT INFORMATION	'	'	'	'
Number of reportable operating segments	'	'	1	'
Revenue	$42,144	$37,406	$82,180	$65,486
Cost of revenue (exclusive of depreciation shown separately below)	1,895	1,950	3,560	3,306
Selling and marketing expense	28,964	26,386	56,413	43,641
General and administrative expense	5,478	5,651	11,611	12,207
Product development	1,826	1,492	3,758	2,697
Depreciation	946	872	1,701	1,757
Amortization of intangibles	27	43	55	86
Restructuring and severance	23	148	225	146
Litigation settlements and contingencies	385	2,909	8,092	3,937
Total costs and expenses	39,544	39,451	85,415	67,777
Operating income (loss)	2,600	-2,045	-3,235	-2,291
Adjustments to reconcile to Adjusted EBITDA:	'	'	'	'
Amortization of intangibles	27	43	55	86
Depreciation	946	872	1,701	1,757
Restructuring and severance	23	148	225	146
Loss (gain) on disposal of assets	44	0	52	24
Non-cash compensation	1,421	1,432	3,037	2,866
Acquisition expense	74	'	74	'
Discretionary cash bonus	'	'	'	920
Litigation settlements and contingencies	385	2,909	8,092	3,937
Adjusted EBITDA	5,520	3,359	10,001	7,445
Adjustments to reconcile to Income before taxes:	'	'	'	'
Operating income (loss)	2,600	-2,045	-3,235	-2,291
Interest expense	0	-7	0	-14
Income (loss) before income taxes	2,600	-2,052	-3,235	-2,305
Lending	'	'	'	'
SEGMENT INFORMATION	'	'	'	'
Revenue	39,049	33,781	75,977	59,454
Cost of revenue (exclusive of depreciation shown separately below)	1,773	1,395	3,318	2,550
Selling and marketing expense	26,952	24,119	52,571	39,279
General and administrative expense	1,247	874	2,493	1,852
Product development	1,474	1,226	3,097	2,176
Depreciation	400	345	763	719
Amortization of intangibles	0	0	0	0
Restructuring and severance	14	23	162	23
Litigation settlements and contingencies	0	0	0	0
Total costs and expenses	31,860	27,982	62,404	46,599
Operating income (loss)	7,189	5,799	13,573	12,855
Adjustments to reconcile to Adjusted EBITDA:	'	'	'	'
Amortization of intangibles	0	0	0	0
Depreciation	400	345	763	719
Restructuring and severance	14	23	162	23
Loss (gain) on disposal of assets	0	0	0	0
Non-cash compensation	528	483	1,127	896
Acquisition expense	0	'	0	'
Discretionary cash bonus	'	'	'	0
Litigation settlements and contingencies	0	0	0	0
Adjusted EBITDA	8,131	6,650	15,625	14,493
Adjustments to reconcile to Income before taxes:	'	'	'	'
Operating income (loss)	7,189	5,799	13,573	12,855
Other	'	'	'	'
SEGMENT INFORMATION	'	'	'	'
Revenue	3,095	3,003	6,203	5,410
Cost of revenue (exclusive of depreciation shown separately below)	122	163	242	337
Selling and marketing expense	2,012	2,262	3,842	4,357
General and administrative expense	615	420	1,397	930
Product development	352	266	661	521
Depreciation	441	426	734	843
Amortization of intangibles	27	43	55	86
Restructuring and severance	0	125	15	125
Litigation settlements and contingencies	0	0	0	0
Total costs and expenses	3,569	3,705	6,946	7,199
Operating income (loss)	-474	-702	-743	-1,789
Adjustments to reconcile to Adjusted EBITDA:	'	'	'	'
Amortization of intangibles	27	43	55	86
Depreciation	441	426	734	843
Restructuring and severance	0	125	15	125
Loss (gain) on disposal of assets	27	0	35	0
Non-cash compensation	169	95	434	237
Acquisition expense	74	'	74	'
Discretionary cash bonus	'	'	'	0
Litigation settlements and contingencies	0	0	0	0
Adjusted EBITDA	264	-13	604	-498
Adjustments to reconcile to Income before taxes:	'	'	'	'
Operating income (loss)	-474	-702	-743	-1,789
Corporate	'	'	'	'
SEGMENT INFORMATION	'	'	'	'
Revenue	0	622	0	622
Cost of revenue (exclusive of depreciation shown separately below)	0	392	0	419
Selling and marketing expense	0	5	0	5
General and administrative expense	3,616	4,357	7,721	9,425
Product development	0	0	0	0
Depreciation	105	101	204	195
Amortization of intangibles	0	0	0	0
Restructuring and severance	9	0	48	-2
Litigation settlements and contingencies	385	2,909	8,092	3,937
Total costs and expenses	4,115	7,764	16,065	13,979
Operating income (loss)	-4,115	-7,142	-16,065	-13,357
Adjustments to reconcile to Adjusted EBITDA:	'	'	'	'
Amortization of intangibles	0	0	0	0
Depreciation	105	101	204	195
Restructuring and severance	9	0	48	-2
Loss (gain) on disposal of assets	17	0	17	24
Non-cash compensation	724	854	1,476	1,733
Acquisition expense	0	'	0	'
Discretionary cash bonus	'	'	'	920
Litigation settlements and contingencies	385	2,909	8,092	3,937
Adjusted EBITDA	-2,875	-3,278	-6,228	-6,550
Adjustments to reconcile to Income before taxes:	'	'	'	'
Operating income (loss)	($4,115)	($7,142)	($16,065)	($13,357)

RESTRUCTURING_EXPENSE_Details

RESTRUCTURING EXPENSE (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
In Thousands, unless otherwise specified			Continuing Lease Obligations
Changes in restructuring expenses	'	'	'
31-Dec-13	'	'	$462
Restructuring expense	'	'	8
Payments	'	'	-148
30-Jun-14	'	'	322
Restructuring liabilities	'	'	'
Restructuring liabilities included in accrued expense and other current liabilities	$295	$284	'

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details-Disposal Groups) (USD $)	3 Months Ended		6 Months Ended			1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	31-May-13	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
						Discover	Lending Tree Loans	Lending Tree Loans	Lending Tree Loans	Lending Tree Loans	Lending Tree Loans
DISCONTINUED OPERATIONS	'	'	'	'	'	'	'	'	'	'	'
Settlement value of indemnification claim and other miscellaneous items	'	'	'	'	'	$1,300,000	'	'	'	'	'
Revenue and net income (loss) of discontinued operations	'	'	'	'	'	'	'	'	'	'	'
Revenue	'	'	'	'	'	'	2,000	-292,000	4,000	-1,486,000	'
Income (loss) before income taxes	'	'	'	'	'	'	-2,930,000	-891,000	-3,501,000	-3,382,000	'
Income tax benefit (expense)	'	'	'	'	'	'	-1,000	0	-4,000	-51,000	'
Gain from sale of discontinued operations, net of tax	'	'	'	'	'	'	0	10,003,000	0	10,101,000	'
Income (loss) from discontinued operations	-2,931,000	9,112,000	-3,505,000	6,668,000	'	'	-2,931,000	9,112,000	-3,505,000	6,668,000	'
Assets and liabilities of facilities reported as discontinued operations	'	'	'	'	'	'	'	'	'	'	'
Current assets	715,000	'	715,000	'	521,000	'	715,000	'	715,000	'	521,000
Non-current assets	100,000	'	100,000	'	129,000	'	100,000	'	100,000	'	129,000
Current liabilities	-32,620,000	'	-32,620,000	'	-32,004,000	'	-32,620,000	'	-32,620,000	'	-32,004,000
Non-current liabilities	-261,000	'	-261,000	'	-254,000	'	-261,000	'	-261,000	'	-254,000
Net liabilities	'	'	'	'	'	'	($32,066,000)	'	($32,066,000)	'	($31,608,000)

DISCONTINUED_OPERATIONS_Detail1

DISCONTINUED OPERATIONS (Details - Loan Loss Reserve) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Lending Tree Loans

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Loan loss obligations

Discover Bank

Discontinued operations

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

Lending Tree Loans

investor

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

loan

loan

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005 and prior years

loan

loan

loan

loan

loan

loan

loan

loan

loan

loan

Loan Loss Obligations

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted cash and cash equivalents

$22,044,000

$26,017,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$19,200,000

Loan loss reserve, at carrying value

'

'

'

28,390,000

28,675,000

28,390,000

28,675,000

'

'

'

'

'

'

'

'

'

'

'

Estimated range of remaining possible losses due to loan losses, minimum

'

'

'

15,900,000

'

15,900,000

'

'

'

'

'

'

'

'

'

'

'

'

Estimated range of remaining possible losses due to loan losses, maximum

'

'

'

28,800,000

'

28,800,000

'

'

'

'

'

'

'

'

'

'

'

'

Number of investors to whom loans are guaranteed

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of loans sold

'

'

'

235,900

'

235,900

'

0

0

9,200

12,500

12,400

12,800

11,000

36,300

55,000

86,700

'

Original principal balance of loans sold

'

'

'

39,400,000,000

'

39,400,000,000

'

0

0

1,900,000,000

2,700,000,000

2,800,000,000

2,800,000,000

2,200,000,000

6,100,000,000

7,900,000,000

13,000,000,000

'

Number of loans sold with losses

'

'

'

499

'

499

'

0

0

0

1

4

5

33

160

207

89

'

Original principal balance of loans sold with losses

'

'

'

68,400,000

'

68,400,000

'

0

0

0

300,000

1,100,000

1,200,000

6,900,000

22,100,000

24,500,000

12,300,000

'

Amount of aggregate losses

'

'

'

29,200,000

'

29,200,000

'

0

0

0

100,000

100,000

200,000

2,200,000

8,200,000

13,400,000

5,000,000

'

Activity related to loss reserves on previously sold loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loan loss reserve, beginning of period

'

'

'

28,543,000

28,379,000

28,543,000

27,182,000

'

'

'

'

'

'

'

'

'

'

'

Provisions

'

'

'

0

296,000

0

1,493,000

'

'

'

'

'

'

'

'

'

'

'

Charge-offs to reserves

'

'

'

-153,000

0

-153,000

0

'

'

'

'

'

'

'

'

'

'

'

Loan loss reserve, end of period

'

'

'

$28,390,000

$28,675,000

$28,390,000

$28,675,000

'

'

'

'

'

'

'

'

'

'

'