Stockholders equity and non-controlling interest

12 Months Ended

Dec. 31, 2011

Stockholders Equity and Noncontrolling Interest [Abstract]

Stockholders Equity and Noncontrolling Interest [Text Block]

9. Stockholders’ equity and non-controlling interest

On March 31, 2010 the Group disposed of all its investments in Medicexchange. During the quarter ended June 30, 2011 the Company disposed of 1.0 million shares of Medicsight via open market sales on London’s AIM Exchange, generating approximately $110 in gross proceeds.  The Company’s overall holding in Medicsight were reduced to 83.75 million shares (53.85%) of the 155.5 million issued share capital of Medicsight.

Non-controlling interest

The Company has non-controlling investors in Medicsight as follows:

	Medicsight			Medicexchange (discontinued operations)			Total
Non-controlling interest at December 31, 2009	$	11,150		$	254		$	11,404
Less non-controlling interest share of net loss		(3,336	)		(14	)		(3,350	)
Non-controlling interest share of stock-based compensation expense		349			3			352
Non-controlling interest share of other comprehensive income		(202	)		(10	)		(212	)
Disposal of Medicexchange		-			(233	)		(233	)
Non-controlling interest at December 31, 2010	$	7,961		$	—		$	7,961
Less non-controlling interest share of net loss		(3,006	)		—			(3,006	)
Non-controlling interest share of stock-based compensation expense		113			—			113
Non-controlling interest share of other comprehensive income		128			—			128
Increase in non-controlling interest from sale and assignment of Medicsight stock		97			—			97
Non-controlling interest at December 31, 2011	$	5,293		$	—		$	5,293

The following schedule presents the effects of changes in MGT’s ownership interest in Medicsight on the equity attributable to MGT:

	December 31,
	2011			2010
Net loss attributable to MGT Capital Investments, Inc.	$	(4,549	)	$	(9,651	)
Transfers (to) from the non-controlling interest:
Increase in MGT’s paid in capital from the sale and assignment of Medicsight’s stock		21			—
Changes from the net loss attributable to MGT Capital Investments, Inc. and transfers to the  non-controlling interest	$	(4,528	)	$	(9,651	)