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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net revenues:    
Service revenue $ 252 $ 1,262
Product sales 5 0
Total net revenues 257 1,262
Costs and expenses:    
Selling, general and administrative 1,514 1,195
Costs of product sales 2 0
Total costs and expenses 1,516 1,195
(Loss) income from operations (1,259) 67
Other expense:    
Interest expense (3) 0
Total other expense (3) 0
(Loss) income from continuing operations before reorganization and litigation items (1,262) 67
Reorganization items (51) (548)
Gain on settlement of prepetition liabilities 25 0
Gain on litigation 0 8,000
(Loss) income from continuing operations (1,288) 7,519
Income (loss) from discontinued operations 279 (3,497)
Net (loss) income (1,009) 4,022
Loss attributable to noncontrolling interests, continuing operations 74 0
Loss attributable to noncontrolling interests, discontinued operations 0 1
Net (loss) income attributable to 4Licensing Corporation (935) 4,023
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders    
Continuing operations (in dollars per share) $ (0.09) $ 0.55
Discontinued operations (in dollars per share) $ 0.02 $ (0.26)
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders Discontinued operations (in dollars per share) $ (0.07) $ 0.29
Weighted average common shares outstanding:    
Basic (in shares) 13,714,992 13,653,824
Diluted (in shares) 13,714,992 13,654,352
Net (loss) income attributable to 4Licensing Corporation:    
(Loss) income from continuing operations (1,288) 7,519
Loss attributable to noncontrolling interests, continuing operations 74 0
Net (loss) income from continuing operations (1,214) 7,519
Income (loss) from discontinued operations 279 (3,497)
Loss attributable to noncontrolling interests, discontinued operations 0 1
Net income (loss) from discontinued operations 279 (3,496)
Net (loss) income attributable to 4Licensing Corporation $ (935) $ 4,023