CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 4,286	$ 9,011
Accounts receivable - net	279	479
Inventories - net	126	0
Prepaid expenses and other current assets	364	1,091
Current assets of discontinued operations	151	267
Total current assets	5,206	10,848
Property and equipment - net	65	82
Accounts receivable - noncurrent, net	25	36
Intangible assets - net	2,084	3
Other assets - net	471	570
Noncurrent assets of discontinued operations	1	1
Total assets	7,852	11,540
Current liabilities:
Due to licensors	354	457
Accounts payable and accrued expenses	3,056	4,840
Current liabilities of discontinued operations	1,644	1,859
Deferred revenue	9	9
Total current liabilities	5,063	7,165
Deferred rent	27	0
Total liabilities not subject to compromise	5,090	7,165
Liabilities subject to compromise	0	958
Total liabilities	5,090	8,123
Commitments and contingencies
4Licensing Corporation shareholders' equity
Preferred stock, $.01 par value - authorized 3,000,000 shares; none issued	0	0
Common stock, $.01 par value - authorized 40,000,000 shares; issued 15,838,879 shares; outstanding 13,714,992 shares at March 31, 2013 and December 31, 2012	158	158
Additional paid-in capital	69,579	69,524
Accumulated other comprehensive income	0	344
Accumulated deficit	(14,454)	(13,519)
Shareholders' equity before treasury stock	55,283	56,507
Less cost of 2,123,887 treasury shares at March 31, 2013 and December 31, 2012	(36,488)	(36,488)
Total equity of 4Licensing Corporation shareholders	18,795	20,019
Noncontrolling interests (includes discontinued operations of $(16,602) at March 31, 2013 and December 31, 2012	(16,033)	(16,602)
Total equity	2,762	3,417
Total liabilities and equity	$ 7,852	$ 11,540