SUMMARIZED QUARTERLY DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2012

SUMMARIZED QUARTERLY DATA (UNAUDITED) [Abstract]

Summary of quarterly results of operations

Following is a summary of the quarterly results of operations for the years ended December 31, 2012 and 2011:

	Fiscal Quarters
2012	First			Second			Third			Fourth
	(In thousands, except per share amounts)
Revenues	$	1,262		$	1,483		$	263		$	317
Income (loss) from continuing operations		7,519			(666	)		13,589			(790	)
Net (loss) income from discontinued operations		(3,496	)		(5,521	)		(1,705	)		614
Net income (loss) attributable to 4Licensing Corporation	$	4,023		$	(6,187	)	$	11,884		$	(176	)
Basic and diluted earnings (loss) per share attributable to
4Licensing Corporation common shareholders
Continuing operations	$	0.55		$	(0.05	)	$	0.99		$	(0.05	)
Discontinued operations		(0.26	)		(0.40	)		(0.12	)		0.04
Basic and diluted income (loss) per share attributable to 4Licensing Corporation
common shareholders	$	0.29		$	(0.45	)	$	0.87		$	(0.01	)

	Fiscal Quarters
2011	First			Second			Third			Fourth
	(In thousands, except per share amounts)
Revenues	$	2,910		$	1,555		$	1,687		$	1,921
(Loss) income from continuing operations		(95	)		(860	)		(1,115	)		213
Net loss from discontinued operations		(3,025	)		(3,345	)		(3,669	)		(3,304	)
Net loss attributable to 4Licensing Corporation	$	(3,120	)	$	(4,205	)	$	(4,784	)	$	(3,091	)
Basic and diluted loss per share attributable to
4Licensing Corporation common shareholders
Continuing operations	$	(0.01	)	$	(0.06	)	$	(0.08	)	$	0.01
Discontinued operations		(0.22	)		(0.25	)		(0.27	)		(0.24	)
Basic and diluted loss per share attributable to
4Licensing Corporation common shareholders	$	(0.23	)	$	(0.31	)	$	(0.35	)	$	(0.23	)