XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
The Company
3 Months Ended
Mar. 31, 2012
The Company [Abstract]  
The Company

1. The Company

Description of the Company

ICG Group, Inc. (together with its subsidiaries, "ICG") acquires and builds Internet software and services companies that improve the productivity and efficiency of their business customers. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of those companies.

Basis of Presentation

The Consolidated Financial Statements contained herein (the "Consolidated Financial Statements") include the accounts of ICG Group, Inc. and its wholly-owned subsidiaries, wholly-controlled subsidiaries and majority-owned subsidiaries.

ICG's Consolidated Balance Sheets included the financial position of the following majority-owned subsidiaries:

 

     

March 31, 2012

  

December 31, 2011

GovDelivery    GovDelivery
InvestorForce    InvestorForce
MSDSonline (1)    Procurian

Procurian

    

ICG's Consolidated Statements of Operations and Comprehensive Income (Loss) (its "Consolidated Statements of Operations") include the results of the following majority-owned subsidiaries:

 

     

Three Months Ended

March 31, 2012

  

March 31, 2011

GovDelivery    GovDelivery
InvestorForce    InvestorForce
Procurian    Procurian

 

(1) 

ICG acquired 96% of MSDSonline on March 30, 2012 and it began consolidating the financial position of that company as of that date. The results of operations of MSDSonline from the date of acquisition through March 31, 2012 were immaterial; the results of operations of MSDSonline will be included in ICG's Consolidated Statements of Operations beginning on April 1, 2012. See Note 3, "Goodwill and Intangibles Assets," for additional information regarding ICG's acquisition of MSDSonline.