SUBSEQUENT EVENTS	6 Months Ended
Jun. 30, 2012
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	13. SUBSEQUENT EVENTS On July 2, 2012, 4Kids completed the sale of certain of its assets pursuant to the Asset Purchase Agreement entered into on June 24, 2012, among Saban Bidder, and Konami Bidder (the "Purchasers"). In connection with the consummation of such transactions, the Konami Bidder paid the Debtors an aggregate amount equal to $14,997, representing a base purchase price of $15,000, less a $3 downward adjustment contemplated by the Asset Purchase Agreement. In addition, in connection with the consummation of the transactions contemplated by the Asset Purchase Agreement, the following payments were made by or on behalf of the Debtors: (a) $1,000 was delivered to the escrow agent under the escrow agreements provided for in the Asset Purchase Agreement, to be used to satisfy any indemnification obligations that the Debtors may have to either of the Purchasers pursuant to the provisions of the Asset Purchase Agreement; (b) $3 was paid to the escrow agent as the Debtors' portion of fees payable to it for its performance of services as escrow agent under the escrow agreements; (c) $3,051 was paid to The CW as a cure cost under the term sheet originally entered into with the CW as of October 1, 2007 and amended as of October 2, 2008 and June 23, 2010 (the "CW Agreement"); (d) $429 was paid to Toei Animation as a cure cost; (e) $28 was paid to Twenty Three R.P. Associates as a cure cost; (f) approximately $21 was paid to satisfy cure costs under other agreements; and (g) $504 was paid to the Saban Bidder in accordance with the terms of the Asset Purchase Agreement, with $476 representing an adjustment to the purchase price for the Saban Purchased Business and $28 representing the Debtors' share of national advertising proceeds from the broadcast of commercials during the second calendar quarter of 2012 on the five hour Saturday morning block of programs telecast on The CW Network. The assets sold by the Debtors to the Konami Bidder (the "Konami Purchased Assets") included, inter alia, all of Debtors' right, title and interest in and to the business of Debtors relating to and commercial use of Yu-Gi-Oh!, the Japanese manga (also known as cartoon or comic) created by Kazuki Takahashi and the related brand and franchise (the "Konami Purchased Business"), as well as other assets relating to the Konami Purchased Business. 4Kids was party to an agreement with Konami Corporation, dated as of August 1, 2001, as amended by the First Amendment, dated September 12, 2007 (the "Konami Agreement"), which agreement related to, inter alia, sales of Yu-Gi-Oh! trading cards and videogames. The Konami Agreement was included as part of the Konami Purchased Assets transferred to the Konami Bidder in connection with the closing of the transactions contemplated by the Asset Purchase Agreement on July 2, 2012. The assets sold by the Debtors to the Saban Bidder included, inter alia, all of Debtors' right, title and interest in and to the television business of the Debtors including the CW Agreement and the television episodes and rights related thereto (the "Saban Purchased Business"), as well as other assets relating to the Saban Purchased Business. There were no other events that occurred subsequent to June 30, 2012 that would require recognition or disclosure in the Company's consolidated financial statements.

13. SUBSEQUENT EVENTS

On July 2, 2012, 4Kids completed the sale of certain of its assets pursuant to the Asset Purchase Agreement entered into on June 24, 2012, among Saban Bidder, and Konami Bidder (the "Purchasers"). In connection with the consummation of such transactions, the Konami Bidder paid the Debtors an aggregate amount equal to $14,997, representing a base purchase price of $15,000, less a $3 downward adjustment contemplated by the Asset Purchase Agreement. In addition, in connection with the consummation of the transactions contemplated by the Asset Purchase Agreement, the following payments were made by or on behalf of the Debtors:

(a) $1,000 was delivered to the escrow agent under the escrow agreements provided for in the Asset Purchase Agreement, to be used to satisfy any indemnification obligations that the Debtors may have to either of the Purchasers pursuant to the provisions of the Asset Purchase Agreement;

(b) $3 was paid to the escrow agent as the Debtors' portion of fees payable to it for its performance of services as escrow agent under the escrow agreements;

(c) $3,051 was paid to The CW as a cure cost under the term sheet originally entered into with the CW as of October 1, 2007 and amended as of October 2, 2008 and June 23, 2010 (the "CW Agreement");

(d) $429 was paid to Toei Animation as a cure cost;

(e) $28 was paid to Twenty Three R.P. Associates as a cure cost;

(f) approximately $21 was paid to satisfy cure costs under other agreements; and

(g) $504 was paid to the Saban Bidder in accordance with the terms of the Asset Purchase Agreement, with $476 representing an adjustment to the purchase price for the Saban Purchased Business and $28 representing the Debtors' share of national advertising proceeds from the broadcast of commercials during the second calendar quarter of 2012 on the five hour Saturday morning block of programs telecast on The CW Network.

The assets sold by the Debtors to the Konami Bidder (the "Konami Purchased Assets") included, inter alia, all of Debtors' right, title and interest in and to the business of Debtors relating to and commercial use of Yu-Gi-Oh!, the Japanese manga (also known as cartoon or comic) created by Kazuki Takahashi and the related brand and franchise (the "Konami Purchased Business"), as well as other assets relating to the Konami Purchased Business. 4Kids was party to an agreement with Konami Corporation, dated as of August 1, 2001, as amended by the First Amendment, dated September 12, 2007 (the "Konami Agreement"), which agreement related to, inter alia, sales of Yu-Gi-Oh! trading cards and videogames. The Konami Agreement was included as part of the Konami Purchased Assets transferred to the Konami Bidder in connection with the closing of the transactions contemplated by the Asset Purchase Agreement on July 2, 2012.

The assets sold by the Debtors to the Saban Bidder included, inter alia, all of Debtors' right, title and interest in and to the television business of the Debtors including the CW Agreement and the television episodes and rights related thereto (the "Saban Purchased Business"), as well as other assets relating to the Saban Purchased Business.

There were no other events that occurred subsequent to June 30, 2012 that would require recognition or disclosure in the Company's consolidated financial statements.