Equity

6 Months Ended

Jun. 30, 2014

Equity

4. Equity

During the first six months of 2014, we issued shares of our Class A common stock under our 2009 Long-Term Incentive Plan to our independent directors, in lieu of cash compensation, for services rendered in 2014. We valued the shares issued to our independent directors at estimated fair value based on the closing price of our shares on the date the shares were issued, which by policy is the last trading day of each quarter in which the services were rendered.

During the first six months of 2014, we issued 270,000 shares of common stock with net proceeds of $1.3 million in connection with option exercises. The following is a reconciliation from December 31, 2013 to June 30, 2014 of the carrying amount of total equity, equity attributable to Gaiam, Inc., and equity attributable to the noncontrolling interest.

							Gaiam, Inc. Shareholders
(in thousands)	Total			Comprehensive Loss			Accumulated Deficit			Accumulated Other Comprehensive Loss			Class A and Class B Common Stock		Paid-in Capital		Noncontrolling Interest
Balance at December 31, 2013	$	105,290					$	(66,413	)	$	(33	)	$	3	$	167,875	$	3,858
Issuance of Gaiam, Inc. common stock and share-based compensation		1,996						—			—			—		1,996		—
Dividends paid to noncontrolling interest		(150	)					—			—			—		—		(150	)
Comprehensive loss:
Net (loss) income		(4,286	)		(4,286	)		(4,522	)		—			—		—		236
Unrealized gains on investment, net of tax of $111		202			202			—			202			—		—		—
Reclassification of gain on equity security to net income, net of tax of $175		(319	)		(319	)		—			(319	)		—		—		—
Foreign currency translation adjustment, net of taxes of $17		37			37			—			12			—		—		25
Comprehensive loss		(4,366	)	$	(4,366	)
Balance at June 30, 2014	$	102,770					$	(70,935	)	$	(138	)	$	3	$	169,871	$	3,969