Restatement of previously issued financial statements (Tables)

12 Months Ended

Dec. 31, 2012

Statement Of Financial Position [Abstract]

Schedule of Condensed Balance Sheet [Table Text Block]

The following tables summarize the effects of the restatements on the specific items presented in the Company’s historical consolidated financial statements previously included in the Annual Report:

Consolidated Balance Sheets

	December 31, 2012
	As previously reported			As restated
Intangible assets, net of accumulated amortization of $118	$	1,704		$	1,795
Total assets	$	7,560		$	7,651
Accrued expenses	$	196		$	272
Derivative liability - warrants		–			7,166
Total liabilities	$	505		$	7,747
Preferred Stock, Series A Convertible Preferred, $0.001 par value; 1,394,766 shares authorized, issued and outstanding at December 31, 2012	$	–		$	47
Stockholders' equity/(deficit):
Preferred Stock, Convertible Preferred Series A , $0.001 par value; 1,394,766 shares authorized, issued and outstanding at December 31, 2012		1			–
Additional paid in capital	$	295,050		$	282,998
Accumulated deficit		(282,447	)		(283,631	)
Total stockholders' deficit	$	6,326		$	(911	)
Non-controlling interests	$	729		$	768
Total equity	$	7,055		$	(143	)
Total stockholders' equity, liabilities and non-controlling interest	$	7,560		$	7,651

Schedule of Condensed Income Statement [Table Text Block]

Consolidated Statement of Operations

	Year ended December 31, 2012
	As previously reported			As restated
Selling, general and administrative	$	4,251		$	4,551
Operating loss		(4,190	)		(4,490	)
Fair value of warrant liability		–			557
Net loss		(4,982	)		(4,725	)
Net loss attributable to non-controlling interest		(1,117	)		(1,121	)
Net loss attributable to MGT Capital Investments, Inc.		(3,865	)		(3,604	)
Total Comprehensive loss		(4,933	)		(4,676	)
Comprehensive loss attributable to non-controlling interest		(1,091	)		(1,095	)
Comprehensive loss attributable to MGT Capital Investments, Inc.		(3,842	)		(3,581	)
Net loss applicable to Common shareholders		(8,420	)		(5,882	)
Basic and diluted loss per share	$	(3.75	)	$	(2.62	)

Schedule of Condensed Cash Flow Statement [Table Text Block]

Consolidated Statement of Cash Flows

	Year ended December 31, 2012
	As previously reported			As restated
Net loss	$	(4,982	)	$	(4,725	)
Warrant expense		8			141
Fair value of warrant liability		–			(557	)
Accrued expenses		(306	)		(230	)
Net cash used in operating activities		(3,379	)		(3,467	)
Proceeds from issuance of preferred stock, net		4,412			4,500
Net cash provided by financing activities	$	3,351		$	3,439