Other Income (Loss)

3 Months Ended

Mar. 31, 2014

Other Income (Loss)

11. Other Income (Loss)

Other Income (Loss), net

Other income (loss), net consists of the effect of transactions and other events relating to ICG’s ownership interests and its operations in general, and, for the three months ended March 31, 2014 and 2013, is comprised of the following (in thousands):

	Three Months Ended
	March 31,
	2014		2013
	(in thousands)
Gain (loss) on sales / distributions of ownership interests	$	269	$	-
Other		25		(58	)
		294		(58	)
Total other income (loss) for consolidated core companies		6		(6	)
	$	300	$	(64	)

On December 30, 2011, StarCite was sold to The Active Network, Inc. (“Active”). During the three months ended March 31, 2014, in conjunction with the final release of escrowed proceeds, ICG received cash of $0.3 million and recorded a gain in that amount, which is included in the line item “Gain (loss) on sales/distributions of ownership interests” for the three months ended March 31, 2014 in the table above.