Other Income (Loss)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2014 and 2013, is comprised of the following (in thousands):

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2014		2013			2014		2013
	(in thousands)					(in thousands)
Gain (loss) on sales / distributions of ownership interests	$	542	$	-		$	811	$	-
Other (including other income (loss) for consolidated businesses)		95		(46	)		126		(110	)
	$	637	$	(46	)	$	937	$	(110	)

During the three months ended June 30, 2014, ICG received a distribution related to the sale of WhiteFence in 2013 in the amount of $0.5 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 and six months ended June 30, 2014 in the table above.

On December 30, 2011, StarCite was sold to The Active Network, Inc. (“Active”). During the six months ended June 30, 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 six months ended June 30, 2014 in the table above.