Ownership Interests and Cost Method Companies (Tables)

12 Months Ended

Dec. 31, 2012

Summarized Financial Information Related to Companies Accounted for Under Equity Method of Accounting

The following unaudited summarized financial information relates to ICG’s companies accounted for under the equity method of accounting at December 31, 2012 and 2011. This aggregate information has been compiled from the financial statements of those companies.

Balance Sheets (Unaudited)


	As of December 31,
	2012 ⁽¹⁾			2011 ⁽²⁾
	(in thousands)

Cash and cash equivalents	$	5,572		$	13,687
Other current assets		11,268			28,767
Non-current assets		13,218			69,218

Total assets	$	30,058		$	111,672


Current liabilities	$	21,115		$	47,125
Non-current liabilities		1,397			10,770
Long-term debt		12,670			18,959
Stockholders’ equity		(5,124	)		34,818

Total liabilities and stockholders’ equity	$	30,058		$	111,672


Total carrying value	$	13,333		$	39,052

⁽¹⁾	Includes (ICG voting ownership): Acquirgy (25%), Freeborders (31%) and WhiteFence (36%).

⁽²⁾	Includes (ICG voting ownership): Acquirgy (25%), CIML (49%), Freeborders (31%), GoIndustry (26%), SeaPass (26%) and WhiteFence (36%).

Results of Operations

Results of Operations (Unaudited)


	Year Ended December 31,
	2012 ⁽¹⁾			2011 ⁽²⁾			2010 ⁽³⁾
	(in thousands)
Revenue	$	89,958		$	176,481		$	243,314


Net income (loss)	$	(20,159	)	$	(31,976	)	$	(29,402	)


Equity income (loss) excluding impairments and amortization of intangible assets	$	(7,518	)	$	(9,946	)	$	(10,452	)
Impairment charge of GoIndustry		—			—			(2,914	)
Amortization of intangible assets		(1,154	)		(2,018	)		(2,656	)

Total equity income (loss)	$	(8,672	)	$	(11,964	)	$	(16,022	)

⁽¹⁾	Includes Acquirgy, CIML (to July 11, 2012, the date of consolidation), Freeborders, GoIndustry (to July 5, 2012, the date of disposition), SeaPass (to December 27, 2012, the date of consolidation), and WhiteFence.

⁽²⁾	Includes Acquirgy, CIML, ClickEquations (to June 14, 2011, the date of its disposition), Freeborders, GoIndustry, Metastorm (to February 17, 2011, the date of disposition), SeaPass, StarCite (to December 30, 2011, the date of its disposition) and WhiteFence.

⁽³⁾	Includes Acquirgy, CIML, ClickEquations, Freeborders, GoIndustry, Metastorm, SeaPass, StarCite and WhiteFence.