Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

11. Segment Information

ICG has two reporting segments: the "core" segment and the "venture" segment. Companies in which ICG holds equity or convertible debt interests that are not deemed to be marketable securities are included in either the core or venture segment, while companies in which ICG holds equity interests that have been designated as marketable securities are considered "corporate" assets.

The core reporting segment includes companies in which ICG's management takes a very active role in providing strategic direction and management assistance; these companies may be consolidated by ICG or may be equity method or cost method companies. The venture reporting segment includes companies to which ICG generally devotes less capital, holds relatively smaller ownership stakes and generally has less influence over the strategic directions and management decisions than it does with its core companies. At December 31, 2011, the core segment included the results of ICG's consolidated core companies, recorded ICG's share of earnings and losses of its equity core companies and captured ICG's carrying value in its consolidated core companies and equity core companies. At December 31, 2011, the venture segment recorded ICG's share of earnings and losses of venture companies accounted for under the equity method of accounting and captured ICG's carrying value in those companies. ICG's carrying value of its holdings in cost method investments are considered "corporate" assets at December 31, 2011.

Approximately 7%, 8% and 10% of ICG's consolidated revenue for the years ended December 31, 2011, 2010 and 2009, respectively, relates to sales generated in the United Kingdom. The remaining consolidated revenue for the years ended December 31, 2011, 2010 and 2009 primarily relates to sales generated in the United States. As of December 31, 2011 and 2010, ICG's assets were located primarily in the United States.

During the year ended December 31, 2011, ClickEquations, Metastorm and StarCite were sold. The amount of equity loss related to each of these companies has been removed from segment results and is reflected in "Dispositions" in the table below for all years presented. In addition, ICG's basis in each of these companies has been removed from segment assets and reflected in "Dispositions" as of December 31, 2010 and 2009 in the table below.

Also included in "Dispositions" in the table below are the net results and the gain on the sale of GovDelivery's GovDocs subsidiary, which was sold during 2010 and are reported as "Income (loss) from discontinued operations, including gain on sale" on ICG's Consolidated Statements of Operations for the year ended December 31, 2010.

The following summarizes selected information related to ICG's segments for the years ended December 31, 2011, 2010 and 2009. All significant intersegment activity has been eliminated. Assets reflected in each operating segment are owned by a company in that operating segment.

Segment Information
(in thousands)
										Reconciling Items
	Core			Venture			Total Segment			Dispositions			Corporate			Other(1)			Consolidated Results
Year Ended December 31, 2011
Revenue	$	140,527		$	—		$	140,527		$	—		$	—		$	—		$	140,527
Net income (loss) attributable to ICG Group, Inc.	$	9,408		$	(5,208	)	$	4,200		$	(4,069	)	$	(13,537	)	$	40,972		$	27,566
Assets	$	172,416		$	7,157		$	179,573		$	—		$	127,247		$	—		$	306,820
Year Ended December 31, 2010
Revenue	$	115,710		$	—		$	115,710		$	—		$	—		$	—		$	115,710
Net income (loss) attributable to ICG Group, Inc.	$	(1,669	)	$	(3,253	)	$	(4,922	)	$	(6,262	)	$	(12,501	)	$	70,274		$	46,589
Assets	$	140,773		$	12,342		$	153,115		$	41,329		$	86,545		$	—		$	280,989
Year Ended December 31, 2009
Revenue	$	90,252		$	—		$	90,252		$	—		$	—		$	—		$	90,252
Net income (loss) attributable to ICG Group, Inc.	$	32,764		$	(2,403	)	$	30,361		$	(7,157	)	$	(5,231	)	$	(2,439	)	$	15,534
Assets	$	146,475		$	18,577		$	165,052		$	49,566		$	115,469		$	—		$	330,087

⁽¹⁾  The following table reflects the components in other (in thousands):

	Year Ended December 31,
	2011			2010			2009
Corporate other income (loss) (Note 15)	$	43,207		$	74,507		$	15,976
Noncontrolling interest		(2,235	)		(1,319	)		(12,995	)
Impairment of GoIndustry (Venture) (Note 5)		—			(2,914	)		(544	)
Impairment of Vcommerce (Core) (Note 3)		—			—			(4,876	)
	$	40,972		$	70,274		$	(2,439	)