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SUMMARIZED QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2014
SUMMARIZED QUARTERLY DATA (UNAUDITED) [Abstract]  
SUMMARIZED QUARTERLY DATA (UNAUDITED)
20.SUMMARIZED QUARTERLY DATA (UNAUDITED)

Following is a summary of the quarterly results of operations for the years ended December 31, 2014 and 2013:

  
Fiscal Quarters
 
2014
 
First
  
Second
  
Third
  
Fourth
 
  
(In thousands, except per share amounts)
 
Revenues
 
$
148
  
$
646
  
$
179
  
$
193
 
(Loss) income from continuing operations
  
(677
)
  
536
   
(815
)
  
(1,020
)
Net income from discontinued operations
  
325
   
   
60
   
4
 
Net (loss) income attributable to 4Licensing Corporation
 
$
(187
)
 
$
729
  
$
(578
)
 
$
(857
)
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders
                
Continuing operations
 
$
(0.03
)
 
$
0.05
  
$
(0.05
)
 
$
(0.06
)
Discontinued operations
  
0.02
   
   
0.01
   
 
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders
 
$
(0.01
)
 
$
0.05
  
$
(0.04
)
 
$
(0.06
)

  
Fiscal Quarters
 
2013
 
First
  
Second
  
Third
  
Fourth
 
  
(In thousands, except per share amounts)
 
Revenues
 
$
257
  
$
236
  
$
296
  
$
425
 
Loss from continuing operations
  
(1,288
)
  
(1,275
)
  
(1,069
)
  
(699
)
Net income from discontinued operations
  
279
   
454
   
436
   
1
 
Net loss attributable to 4Licensing Corporation
 
$
(935
)
 
$
(979
)
 
$
(735
)
 
$
(580
)
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders
                
Continuing operations
 
$
(0.09
)
 
$
(0.09
)
 
$
(0.08
)
 
$
(0.04
)
Discontinued operations
  
0.02
   
0.02
   
0.03
   
 
Basic and diluted loss per share attributable to 4Licensing Corporation common shareholders
 
$
(0.07
)
 
$
(0.07
)
 
$
(0.05
)
 
$
(0.04
)

Quarterly amounts for income (loss) per share may not agree to annual amount due to rounding.