XML 42 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Non-controlling interest
6 Months Ended
Jun. 30, 2012
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]

Note 10: Non-controlling interest

 

The Company has the following non-controlling interests:

 

     MGT Gaming       Medicsight       Total  
Non-controlling interest at January 1, 2011   $     $ 5,293     $ 5,293  
Non-controlling share of losses     (31 )     (381 )     (412 )
Non-controlling share of capital     819             819  
Non-controlling share of stock-based expense           15       15  
Non-controlling share of other comprehensive loss           32       32  
Share consolidation of Medicsight’s stock           (1,386 )     (1,386 )
Non-controlling interest at June 30, 2012   $ 788     $ 3,573     $ 4,361  

 

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

 

    Six months ended  
    June 30, 2012     June 30, 2011  
Net loss attributable to MGT Capital Investments, Inc.   $ (1,496 )   $ (2,942 )
Transfers (to) from the non-controlling interest:                
Increase in MGT’s paid in capital from sale and assignment of Medicsight’s stock           21  
Increase in MGT’s paid in capital from Medicsight Share Consolidation     2,392        
Changes from the net loss attributable to MGT Capital Investments, Inc. and transfers from non-controlling interest   $ 896     $ (2,921 )

 

In January 2012, the Company purchased 1 share of Medicsight ordinary shares from a shareholder for consideration of $0.01.

On June 1, 2012 the Company purchased 550 shares in MGT Gaming (Note 7).