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Equity
6 Months Ended
Jun. 30, 2015
Equity

4. Equity

During the first six months of 2015, we issued 10,000 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 2015. 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 2015, we issued 27,000 shares of our Class A common stock with net proceeds of $0.2 million in connection with option exercises. The following is a reconciliation from December 31, 2014 to June 30, 2015 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, 2014

   $ 99,559        $ (76,329   $ (200   $ 3       $ 171,315       $ 4,770   

Issuance of Gaiam, Inc. common stock for stock option exercises and share-based compensation

     624          —         —         —          624         —    

Dividends paid to noncontrolling interest

     (486       —         —         —          —          (486

Comprehensive loss:

                

Net (loss) income

     (4,993     (4,993     (5,009     —         —          —          16   

Foreign currency translation adjustment, net of taxes of $40

     (92     (92     —         (27     —          —          (65
  

 

 

   

 

 

             

Comprehensive loss

     $ (5,085            
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Balance at June 30, 2015

   $ 94,612        $ (81,338   $ (227   $ 3       $ 171,939       $ 4,235