INCOME TAXES |
9 Months Ended |
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Sep. 30, 2017 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES |
NOTE 13. INCOME TAXES
Our forecasted annual effective tax rate at September 30, 2017 was 56.6%, as compared to 34.2% at September 30, 2016. For the nine months ended September 30, 2017 and 2016, our effective tax rate was 51.4% and 34.3%, respectively. The increase in the effective tax rate was primarily due to the permanent book-to-tax difference generated by changes in the estimated fair value of the warrant liability as of and for the nine months ended September 30, 2017.
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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