XML 13 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue:    
Asset sale proceeds$ 1,190$ 195$ 13,415$ 2,695
Commissions and other9591451,203366
Total asset liquidation revenue2,14934014,6183,061
Operating costs and expenses:    
Asset liquidation9002437,0362,079
Inventory maintenance(6)(16)1,547(32)
Patent licensing and maintenance5127519
Selling, general and administrative1,0695483,0171,559
Expenses paid to related parties143113441338
Total operating costs and expenses2,11190012,1163,963
Operating Income (Loss) before Earnings of Equity Accounted Asset Liquidation Investments38(560)2,502(902)
Earnings of equity accounted asset liquidation investments4781,3702,1954,408
Operating income5168104,6973,506
Other income (expenses):    
Other income81532428
Interest expense - third party(45)(48)(181)(246)
Interest expense - related party000(64)
Total other income (expenses)(37)105(157)(282)
Income from continuing operations before the undernoted4799154,5403,224
Income tax expense (recovery)(416)(110)(36)271
Earnings (loss) of other equity accounted investments (net of $0 tax)(35)(93)1358
Net income and comprehensive income8609324,5893,011
Net income and comprehensive income attributable to non-controlling interest0(283)0(990)
Net income and comprehensive income attributable to controlling interest$ 860$ 649$ 4,589$ 2,021
Weighted average common shares outstanding (in thousands) (in shares)27,08822,71826,73922,718
Weighted average preferred shares outstanding (in thousands) (in shares)1111
Earnings per share - basic:    
Common shares (in dollars per share)$ 0.03$ 0.03$ 0.17$ 0.09
Preferred shares (in dollars per share)$ 1.27$ 1.14$ 6.86$ 3.55
Earnings per share -diluted:    
Common shares (in dollars per share)$ 0.03$ 0.03$ 0.17$ 0.09
Preferred shares (in dollars per share)$ 1.26$ 1.14$ 6.79$ 3.55