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Separate Financial Statements Of Subsidiary Not Consolidated
12 Months Ended
Dec. 31, 2011
Separate Financial Statements Of Subsidiary Not Consolidated [Abstract]  
Separate Financial Statements Of Subsidiary Not Consolidated
6.

Separate Financial Statements of Subsidiary not Consolidated

The following is summarized financial information for StarCite, which was acquired by Active on December 30, 2011, for the period from January 1, 2011 to December 30, 2011 and the years ended December 31, 2010 and 2009. Prior to the sale of StarCite, ICG held a 36% equity ownership interest in the company for the majority of the three-year period presented and accounted for StarCite under the equity method of accounting. ICG previously included the financial statements of StarCite as exhibits to its Forms 10-K for the years ended December 31, 2009 and 2010 due to the significance of StarCite's results relative to ICG's consolidated results for the year ended December 31, 2009. The following summarized information of StarCite is based upon that company's financial statements, which have been prepared in conformity with GAAP and require StarCite's management to make estimates and assumptions that affect the amounts reported. Actual results could materially differ from those estimates.

 

                         
     December 30,
2011
     December 31,
2010
     December 31,
2009
 
     Unaudited      Unaudited         
     (in thousands)  
       

Total Assets

   $ 51,335       $ 48,869       $ 51,290   
    

 

 

    

 

 

    

 

 

 
       

Total Liabilities

   $ 32,924       $ 32,936       $ 31,737   
    

 

 

    

 

 

    

 

 

 
       

Total Stockholders' Equity

   $ 18,411       $ 15,933       $ 19,553   
    

 

 

    

 

 

    

 

 

 

 

                         
     Period Ended
December 30,
    Years Ended December 31,  
     2011     2010     2009  
     Unaudited     Unaudited        
     (in thousands)  
       

Revenue

   $ 44,968      $ 44,488      $ 47,882   

Expenses

     (50,324     (49,364     (55,135
    

 

 

   

 

 

   

 

 

 

Net (loss)

   $ (5,356   $ (4,876   $ (7,253