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Acquisition of National Loan Exchange, Inc. (Tables)
6 Months Ended
Jun. 30, 2014
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

At June 2, 2014

  $  

 

     

Consideration

     

Cash paid on closing

  2,000  

Contingent consideration

  4,198  

Total purchase price

  6,198  

 

     

Acquisition related costs (included in selling, general, and administrative expenses in HGI’s condensed consolidated interim statement of operations for the six months ended June 30, 2014)

  154  

 

     

Recognized amounts of identifiable assets acquired and liabilities assumed

     

Cash

  639  

Other current assets

  2  

Fixed assets

  14  

Accounts payable and accrued liabilities

  (642 )

Total identifiable net assets assumed

  13  

Goodwill

  6,185  

 

  6,198  
Schedule of NLEX Revenue and Earnings Included in HGI's Condensed Consolidated Statement of Operations [Table Text Block]
    Revenue     Earnings  
NLEX revenue and earnings included at June 30, 2014 $ 303   $ 65  
Consolidated revenue and net loss assuming January 1, 2014 acquisition $ 6,219   $ (26,147 )