SUMMARIZED QUARTERLY DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2013

SUMMARIZED QUARTERLY DATA (UNAUDITED) [Abstract]

Summary of quarterly results of operations

Following is a summary of the quarterly results of operations for the years ended December 31, 2013 and 2012:

	Fiscal Quarters
2013	First			Second			Third			Fourth
	(In thousands, except per share amounts)
Revenues	$	257		$	236		$	296		$	425
Loss from continuing operations		(1,288	)		(1,275	)		(1,069	)		(699	)
Net income from discontinued operations		279			454			436			1
Net loss attributable to 4Licensing Corporation	$	(935	)	$	(979	)	$	(735	)	$	(580	)
Basic and diluted (loss) earnings per share attributable to
4Licensing Corporation common shareholders
Continuing operations	$	(0.09	)	$	(0.09	)	$	(0.08	)	$	(0.04	)
Discontinued operations		0.02			0.02			0.03			—
Basic and diluted lossper share attributable to 4Licensing Corporation common shareholders	$	(0.07	)	$	(0.07	)	$	(0.05	)	$	(0.04	)

	Fiscal Quarters
2012	First			Second			Third			Fourth
	(In thousands, except per share amounts)
Revenues	$	1,262		$	1,483		$	263		$	317
Income (loss) from continuing operations		7,519			(666	)		13,589			(790	)
Net (loss) income from discontinued operations		(3,496	)		(5,521	)		(1,705	)		614
Net income (loss) attributable to 4Licensing Corporation	$	4,023		$	(6,187	)	$	11,884		$	(176	)
Basic and diluted earnings (loss) per share attributable to
4Licensing Corporation common shareholders
Continuing operations	$	0.55		$	(0.05	)	$	0.99		$	(0.05	)
Discontinued operations		(0.26	)		(0.40	)		(0.12	)		0.04
Basic and diluted income (loss) per share attributable to 4Licensing Corporation common shareholders	$	0.29		$	(0.45	)	$	0.87		$	(0.01	)