CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 1,713	$ 356
Accounts receivable - net	385	308
Inventories - net	540	137
Prepaid expenses and other current assets	419	278
Current assets of discontinued operations	1	1
Total current assets	3,058	1,080
Property and equipment - net	43	37
Accounts receivable - noncurrent, net	0	1
Intangible assets - net	1,909	1,979
Other assets - net	434	471
Total assets	5,444	3,568
Current liabilities:
Due to licensors	428	327
Accounts payable and accrued expenses	1,149	1,789
Current liabilities of discontinued operations	293	618
Deferred revenue	0	7
Total current liabilities	1,870	2,741
Long-term debt, net of debt discount of $901 at June 30, 2014	749	0
Accrued expenses - long-term	46	23
Total liabilities	2,665	2,764
Commitments and contingencies
4Licensing Corporation shareholders' equity
Preferred stock, $.01 par value - authorized 3,000,000 shares; none issued	0	0
Common stock, $.01 par value - authorized 40,000,000 shares; issued 15,862,479 and 15,838,879 shares; outstanding 13,738,592 and 13,714,992 shares at June 30, 2014 and December 31, 2013, respectively	159	158
Additional paid-in capital	70,939	69,629
Accumulated deficit	(16,206)	(16,748)
Shareholders' equity before treasury stock	54,892	53,039
Less cost of 2,123,887 treasury shares at June 30, 2014 and December 31, 2013	(36,488)	(36,488)
Total equity of 4Licensing Corporation shareholders	18,404	16,551
Noncontrolling interests (includes discontinued operations of $(16,203) at June 30, 2014 and December 31, 2013)	(15,625)	(15,747)
Total equity	2,779	804
Total liabilities and equity	$ 5,444	$ 3,568