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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 356 $ 9,011
Accounts receivable - net 308 479
Inventories 137 0
Prepaid expenses and other current assets 278 1,091
Current assets of discontinued operations 1 267
Total current assets 1,080 10,848
Property and equipment - net 37 82
Accounts receivable - noncurrent, net 1 36
Intangible assets - net 1,979 0
Other assets - net 471 573
Noncurrent assets of discontinued operations 0 1
Total assets 3,568 11,540
Current liabilities:    
Due to licensors 327 457
Accounts payable and accrued expenses 1,789 4,840
Current liabilities of discontinued operations 618 1,859
Deferred revenue 7 9
Total current liabilities 2,741 7,165
Deferred rent 23 0
Total liabilities not subject to compromise 2,764 7,165
Liabilities subject to compromise 0 958
Total liabilities 2,764 8,123
Commitments and contingencies (Note 16)      
4Licensing Corporation shareholders' equity (deficit)    
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, in both 2013 and 2012 158 158
Additional paid-in capital 69,629 69,524
Accumulated other comprehensive income 0 344
Accumulated deficit (16,748) (13,519)
Shareholders' equity before treasury stock 53,039 56,507
Less cost of 2,123,887 treasury shares in both 2013 and 2012 (36,488) (36,488)
Total equity of 4Licensing Corporation shareholders 16,551 20,019
Noncontrolling interests, includes discontinued operations of $(16,203) and $(16,602) in 2013 and 2012, respectively (15,747) (16,602)
Total equity 804 3,417
Total liabilities and equity $ 3,568 $ 11,540