Neulion (NEUL) 10-Q 8 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	2-May-14
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Entity Registrant Name	'NEULION, INC.	'
Entity Central Index Key	'0001387713	'
Current Fiscal Year End Date	'--12-31	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	173,622,095
Trading Symbol	'NLN	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current	'	'
Cash and cash equivalents	$18,321,672	$19,644,270
Accounts receivable, net of allowance for doubtful accounts of $116,737 and $105,292	5,350,409	5,289,136
Other receivables	415,941	364,797
Inventory	383,288	481,012
Prepaid expenses and deposits	979,536	1,135,949
Due from related parties	383,500	243,842
Total current assets	25,834,346	27,159,006
Property, plant and equipment, net	3,130,866	3,357,626
Intangible assets, net	1,295,851	1,649,959
Goodwill	11,327,626	11,327,626
Other assets	84,357	81,778
Total assets	41,673,046	43,575,995
Current	'	'
Accounts payable	11,265,169	13,002,104
Accrued liabilities	4,515,668	5,338,418
Due to related parties	12,817	16,743
Deferred revenue	7,445,151	8,856,629
Total current liabilities	23,238,805	27,213,894
Long-term deferred revenue	674,024	725,853
Other long-term liabilities	252,150	270,892
Deferred tax liability	1,435,824	1,180,978
Total liabilities	25,600,803	29,391,617
Redeemable preferred stock, net	'	'
Total redeemable preferred stock	14,932,298	14,924,775
Stockholders' equity	'	'
Common stock (par value: $0.01; authorized: 300,000,000; issued and outstanding: 172,179,750 and 170,326,338, respectively)	1,721,798	1,703,263
Additional paid-in capital	86,230,257	85,437,337
Promissory notes receivable	-209,250	-209,250
Accumulated deficit	-86,602,860	-87,671,747
Total shareholders' equity (deficit)	1,139,945	-740,397
Total liabilities and shareholders' equity (deficit)	41,673,046	43,575,995
Class 3 Preference Shares [Member]	'	'
Redeemable preferred stock, net	'	'
Total redeemable preferred stock	10,000,000	10,000,000
Class 4 Preference Shares [Member]	'	'
Redeemable preferred stock, net	'	'
Total redeemable preferred stock	$4,932,298	$4,924,775

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Accounts receivable, allowance for doubtful accounts	$116,737	$105,292
Redeemable preferred stock, net, par value per share	$0.01	$0.01
Redeemable preferred stock, net, shares authorized	50,000,000	50,000,000
Redeemable preferred stock, net, shares issued	28,089,083	28,089,083
Redeemable preferred stock, net, shares outstanding	28,089,083	28,089,083
Common stock, par value per share	$0.01	$0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	172,179,750	170,326,338
Common stock, shares outstanding	172,179,750	170,326,338
Class 3 Preference Shares [Member]	'	'
Redeemable preferred stock, net, par value per share	$0.01	$0.01
Redeemable preferred stock, net, shares authorized	17,176,818	17,176,818
Redeemable preferred stock, net, shares issued	17,176,818	17,176,818
Redeemable preferred stock, net, shares outstanding	17,176,818	17,176,818
Class 4 Preference Shares [Member]	'	'
Redeemable preferred stock, net, par value per share	$0.01	$0.01
Redeemable preferred stock, net, shares authorized	10,912,265	10,912,265
Redeemable preferred stock, net, shares issued	10,912,265	10,912,265
Redeemable preferred stock, net, shares outstanding	10,912,265	10,912,265

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue	'	'
Revenue	$13,469,582	$11,899,948
Costs and Expenses	'	'
Cost of services revenue, exclusive of depreciation and amortization shown separately below	3,510,674	3,415,787
Selling, general and administrative, including stock-based compensation	6,354,050	5,929,039
Research and development	1,972,803	1,699,366
Depreciation and amortization	685,804	1,025,142
Costs and expenses	12,523,331	12,069,334
Operating income (loss)	946,251	-169,386
Other income (expense)	'	'
Loss on foreign exchange	-45,362	-13,810
Investment income (expense), net	422,844	-4,304
Discount on convertible note	'	-77,922
Other income (expense)	377,482	-96,036
Net and comprehensive income (loss) before income taxes	1,323,733	-265,422
Provision for income taxes	-254,846	-17,444
Net and comprehensive income (loss)	$1,068,887	($282,866)
Net income per weighted average number of shares of common stock outstanding - basic	$0.01	$0
Weighted average number of shares of common stock outstanding - basic	170,855,997	164,207,147
Net income per weighted average number of shares of common stock outstanding - diluted	$0	$0
Weighted average number of shares of common stock outstanding - diluted	214,405,854	164,207,147

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (USD $)	Total	Common stock [Member]	Additional paid-in capital [Member]	Promissory Notes [Member]	Accumulated deficit [Member]
Balance at Dec. 31, 2013	($740,397)	$1,703,263	$85,437,337	($209,250)	($87,671,747)
Balance, shares at Dec. 31, 2013	170,326,338	170,326,338	'	'	'
Accretion of issuance costs on Class 4 Preference Shares	7,523	'	7,523	'	'
Exercise of broker warrants	126,013	6,001	120,012	'	'
Exercise of broker warrants, shares	'	600,063	'	'	'
Exercise of subscriber warrants	'	6,699	-6,699	'	'
Exercise of subscriber warrants, shares	'	669,933	'	'	'
Exercise of stock options	358,147	5,835	352,312	'	'
Exercise of stock options, shares	'	583,416	'	'	'
Stock-based compensation:	'	'	'	'	'
Stock options	299,693	'	299,693	'	'
Stock options, shares	'	'	'	'	'
Directors compensation	35,125	'	35,125	'	'
Directors compensation, shares	'	'	'	'	'
Net income	1,068,887	'	'	'	1,068,887
Balance at Mar. 31, 2014	$1,139,945	$1,721,798	$86,230,257	($209,250)	($86,602,860)
Balance, shares at Mar. 31, 2014	172,179,750	172,179,750	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES	'	'
Net income	$1,068,887	($282,866)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities	'	'
Depreciation and amortization	685,804	1,025,142
Discount on convertible note	'	77,922
Stock-based compensation	334,818	121,626
Income taxes	254,846	17,444
Changes in operating assets and liabilities	'	'
Accounts receivable	-61,273	-248,698
Inventory	97,724	-133,799
Prepaid expenses, deposits and other assets	153,834	321,560
Other receivables	-51,144	2,328
Due from related parties	-139,658	134,367
Accounts payable	-1,736,935	3,242,543
Accrued liabilities	-822,750	88,790
Deferred revenue	-1,463,307	82,939
Long-term liabilities	-18,742	-22,041
Due to related parties	-3,926	547
Cash (used in) provided by operating activities	-1,701,822	4,427,804
INVESTING ACTIVITIES	'	'
Purchase of property, plant and equipment, net	-104,936	-326,252
Cash used in investing activities	-104,936	-326,252
FINANCING ACTIVITIES	'	'
Exercise of stock options	358,147	'
Exercise of broker units	126,013	'
Cash provided by financing activities	484,160	'
Net (decrease) increase in cash and cash equivalents during the period	-1,322,598	4,101,552
Cash and cash equivalents, beginning of period	19,644,270	11,108,107
Cash and cash equivalents, end of period	18,321,672	15,209,659
Supplemental disclosure of non-cash activities:	'	'
Par value of shares of common stock issued upond exercise of cashless warrants	$6,699	'

Nature_of_Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2014
Nature of Operations [Abstract]	'
Nature of Operations	'
	1. Nature of Operations
	NeuLion, Inc. ("NeuLion" or the "Company") is a technology service provider that specializes in the digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices.  Through the Company's cloud-based end-to-end solution, the Company builds and manages interactive digital networks that enable the Company's customers to provide a destination for their viewers to view and interact with their content.  The Company was incorporated on January 14, 2000 under the Canada Business Corporations Act and was domesticated under Delaware law on November 30, 2010.  The Company's common stock is listed on the Toronto Stock Exchange ("TSX") under the symbol NLN and traded on the over-the-counter Bulletin Board   ("OTCBB") in the United States under the symbol NEUL.
	The Company's core business and business model have evolved from being a provider of professional information technology services and international programming to a provider of customized, end-to-end, interactive content services for a wide range of professional and collegiate sports properties, cable networks and operators, content owners and distributors, and telecommunication companies.  With a fundamental shift in the way media is now being consumed, technological advancements are affecting how, when and where consumers connect to content.  NeuLion's technology enables our customers to capitalize on the growing consumer demand for viewing interactive content on multiple types of Internet-enabled devices by enabling the delivery of content to a range of these devices, such as PCs, smartphones and tablets, and by also providing NeuLion customers with a technology platform to manage their content.  Our cloud-based technology platform offers a variety of digital technology and services, including content ingestion, live encoding, live video editing, advertising insertion and management, pay flow and premium content payment support, video player software development kits, multi-platform device delivery, content management, subscriber management, digital rights management, billing services, app development, website design, analytics and reporting.

Basis_of_Presentation_and_Sign

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Basis of Presentation and Significant Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies	'
	2. Basis of Presentation and Significant Accounting Policies
	The Company's accounting policies are consistent with those presented in its annual consolidated financial statements as at December 31, 2013.  These interim unaudited condensed consolidated financial statements do not include all footnote disclosures required by U.S. generally accepted accounting principles ("GAAP") for annual financial statements and therefore should be read in conjunction with the audited consolidated financial statements, including the notes thereto, for the year ended December 31, 2013, as they appear in the Company's Annual Report on Form 10-K.
	These financial statements were prepared in conformity with U.S. GAAP, which requires management to make certain estimates that affect the reported amounts in the interim unaudited condensed consolidated financial statements, and the disclosures made in the accompanying notes. Despite the Company's intention to establish accurate estimates and use reasonable assumptions, actual results may differ from these estimates.  All significant intercompany transactions and accounts have been eliminated on consolidation.
	In the opinion of management, these interim unaudited condensed consolidated financial statements contain all of the adjustments of a normal and recurring nature necessary to present fairly the Company's financial position as at March 31, 2014 and December 31, 2013 and the results of operations and cash flows for the three months ended March 31, 2014 and 2013.  The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected for the entire year.

Inventory

Inventory	3 Months Ended
	Mar. 31, 2014
Inventory [Abstract]	'
Inventory	'
	3. Inventory
	Inventory consists of the following:
		March 31,		December 31,
		2014		2013
		$		$
	Raw materials		9,570		18,421
	Finished goods		373,718		462,591
			383,288		481,012

Economic_Dependence_and_Concen

Economic Dependence and Concentration of Credit Risk	3 Months Ended
	Mar. 31, 2014
Economic Dependence and Concentration of Credit Risk [Abstract]	'
Economic Dependence and Concentration of Credit Risk	'
	4. Economic Dependence and Concentration of Credit Risk
	For the three months ended March 31, 2014 and 2013, the same customer accounted for 20% and 23% of revenue, respectively.
	As at March 31, 2014, two customers accounted for 35% of accounts receivable: 20% and 15%.  As at December 31, 2013, two customers accounted for 26% of accounts receivable: 14% and 12%.
	As at March 31, 2014, two customers accounted for 64% of accounts payable:  54% and 10%.  As at December 31, 2013, the same two customers accounted for 60% of accounts payable: 47% and 13%.
	At March 31, 2014, approximately 87% of the Company's cash and cash equivalents were held in accounts with U.S. banks that received a BBB+ rating from Standard and Poor's and an A3 rating from Moody's.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	5. Related Party Transactions
	The Company has entered into certain transactions and agreements in the normal course of operations with related parties.  Significant related party transactions are as follows:
	KyLin TV
	KyLin TV is an Internet Protocol television ("IPTV") company that is controlled by the Chairman of the Board of Directors of the Company.  On June 1, 2008, the Company entered into an agreement with KyLin TV to build and deliver the setup and back office operations for KyLin TV's IPTV service.  Effective April 1, 2012, the Company amended its agreement with KyLin TV, such that, in addition to the services previously provided, KyLin TV was appointed the exclusive distributor of the Company's business to consumer ("B2C") IPTV interests.  As exclusive distributor, KyLin TV obtains, advertises and markets all of the Company's B2C content, in accordance with the terms of the amendment.  Accordingly, KyLin TV records the gross revenues from the Company's B2C content as well as the associated license fees, whereas the Company records revenues in accordance with the revised fee schedule in the amendment.  The Company also provides and charges KyLin TV for administrative and general corporate support.  The amounts charged for these services provided by the Company for the three months ended March 31, 2014 and 2013 were $30,687  and $85,088, respectively, and are recorded as a recovery in selling, general and administrative expense.
	New York Islanders Hockey Club, L.P. ("New York Islanders")
	The Company provides IT-related professional services and administrative services to the New York Islanders, a professional hockey club that is owned by the Chairman of the Board of Directors of the Company.
	Renaissance Property Associates, LLC ("Renaissance")
	The Company provides IT-related professional services to Renaissance, a real estate management company owned by the Chairman of the Board of Directors of the Company.  In June 2009, the Company signed a sublease agreement with Renaissance for office space in Plainview, New York.  The sublease agreement expired in December 2013, and the Company is now leasing this office on a month-to-month basis.  Rent expense paid by the Company to Renaissance of $107,586,  inclusive of taxes and utilities, is included in selling, general and administrative expense for the three months ended March 31, 2014 and 2013.
	Smile Train, Inc. ("Smile Train")
	The Company provides IT-related professional services to Smile Train, a public charity whose founder and significant benefactor is the Chairman of the Board of Directors of the Company.
	The Company recognized revenue from related parties as follows for the three months ended:
		March 31,			March 31,
		2014			2013
		$			$
	New York Islanders		75,177			75,466
	Renaissance		30,000			30,000
	Smile Train		24,000			24,000
	KyLin TV		220,587			497,036
			349,764			626,502
	The amounts due from (to) related parties are as follows:
		March 31,			December 31,
		2014			2013
		$			$
	New York Islanders		(12,817	)		(16,743	)
	Renaissance		2,737			931
	KyLin TV		380,763			242,911
			370,683			227,099

Loss_Per_Share

Loss Per Share	3 Months Ended
	Mar. 31, 2014
Loss Earnings (Loss) Per Share [Abstract]	'
Earnings (Loss) Per Share	'
	6. Earnings (Loss) Per Share
	Basic earnings (loss) per share ("EPS") is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding for the period.  Diluted EPS is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding adjusted for the dilutive effect of preferred stock, stock options and warrants.
	The following table presents the calculation of basic and diluted EPS for the three months ended:
		March 31,		March 31,
		2014		2013
		$		$
	Consolidated net income (loss)		1,068,887		(282,866	)
	Weighted average shares of common stock outstanding used in calculating basic EPS		170,855,997		164,207,147
	Effect of dilutive preferred stock, stock options and warrants		43,549,857		-
	Weighted average shares of common stock outstanding used in calculating diluted EPS		214,405,854		164,207,147
	Basic EPS		0.01		0
	Diluted EPS		0.00		0
	The following table summarizes the securities convertible into common stock that were outstanding as at March 31, 2014 and 2013 and (i) were included in the computation of diluted loss per share for the three months ended March 31, 2014 and (ii) were not included in the computation of diluted loss per share for the three months ended March 31, 2013 because their effect would have been anti-dilutive.
		2014		2013
			#		#
	Class 3 Preference Shares		17,176,818		17,176,818
	Class 4 Preference Shares		10,912,265		10,912,265
	Stock options - New Plan		13,774,000		1,065,000
	Stock options - Old Plan		9,445,625		16,338,333
	SARS		-		675,000
	Warrants		11,628,006		19,383,269
	Retention warrants		-		91,050

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2014
Contingencies [Abstract]	'
Contingencies	'
	7. Contingencies
	During the ordinary course of business activities, the Company may be contingently liable for litigation and a party to claims.  Management believes that adequate provisions have been made in the accounts where required.  Although the extent of potential costs and losses, if any, is uncertain, management believes that the ultimate resolution of such contingencies will not have an adverse effect on the consolidated financial position or results of operations of the Company.

Segmented_Information

Segmented Information	3 Months Ended
	Mar. 31, 2014
Segmented Information [Abstract]	'
Segmented Information	'
	8. Segmented Information
	The Company operates, as one reportable segment, to deliver live and on-demand content to Internet-enabled devices.  Substantially all of Company's revenues are generated and long-lived assets are located in the United States.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	9. Income Taxes
	The Company accounts for income taxes in accordance with ASC Topic 740, "Income Taxes Recognition."  The Company does not believe there are any uncertain tax provisions under ASC 740.  The Company's federal and state tax returns remain open for the years 2011 and 2012.
	The Company's current period income has been offset by net operating losses carried forward from prior years. All previously recognized deferred tax assets and net operating losses have been reduced by a valuation allowance.

Investment_Income

Investment Income	3 Months Ended
	Mar. 31, 2014
Investment Income [Abstract]	'
Investment Income	'
	10.  Investment Income
	Investment income for the three months ended March 31, 2014 includes proceeds of $420,935, which were received on the sale of an over-the-counter stock that previously had a nominal recorded value.

Inventory_Tables

Inventory (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory [Abstract]	'
Schedule of Inventory	'
	Inventory consists of the following:
		March 31,		December 31,
		2014		2013
		$		$
	Raw materials		9,570		18,421
	Finished goods		373,718		462,591
			383,288		481,012

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule of Revenue from Related Parties	'
	The Company recognized revenue from related parties as follows for the three months ended:
		March 31,			March 31,
		2014			2013
		$			$
	New York Islanders		75,177			75,466
	Renaissance		30,000			30,000
	Smile Train		24,000			24,000
	KyLin TV		220,587			497,036
			349,764			626,502
Schedule of Amounts Due from (to) Related Parties	'
	The amounts due from (to) related parties are as follows:
		March 31,			December 31,
		2014			2013
		$			$
	New York Islanders		(12,817	)		(16,743	)
	Renaissance		2,737			931
	KyLin TV		380,763			242,911
			370,683			227,099

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Loss Earnings (Loss) Per Share [Abstract]	'
Schedule of Basic and Diluted EPS	'
	The following table presents the calculation of basic and diluted EPS for the three months ended:
		March 31,		March 31,
		2014		2013
		$		$
	Consolidated net income (loss)		1,068,887		(282,866	)
	Weighted average shares of common stock outstanding used in calculating basic EPS		170,855,997		164,207,147
	Effect of dilutive preferred stock, stock options and warrants		43,549,857		-
	Weighted average shares of common stock outstanding used in calculating diluted EPS		214,405,854		164,207,147
	Basic EPS		0.01		0
	Diluted EPS		0.00		0
Schedule of Anti-dilutive Securities	'
	The following table summarizes the securities convertible into common stock that were outstanding as at March 31, 2014 and 2013 and (i) were included in the computation of diluted loss per share for the three months ended March 31, 2014 and (ii) were not included in the computation of diluted loss per share for the three months ended March 31, 2013 because their effect would have been anti-dilutive.
		2014		2013
			#		#
	Class 3 Preference Shares		17,176,818		17,176,818
	Class 4 Preference Shares		10,912,265		10,912,265
	Stock options - New Plan		13,774,000		1,065,000
	Stock options - Old Plan		9,445,625		16,338,333
	SARS		-		675,000
	Warrants		11,628,006		19,383,269
	Retention warrants		-		91,050

Inventory_Details

Inventory (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Inventory [Abstract]	'	'
Raw materials	$9,570	$18,421
Finished goods	373,718	462,591
Total inventory	$383,288	$481,012

Economic_Dependence_and_Concen1

Economic Dependence and Concentration of Credit Risk (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Moody's, A3 Rating [Member]	'	'
Concentration Risk [Line Items]	'	'
Ratings	'A3	'
Standard & Poor's, BBB+ Rating [Member]	'	'
Concentration Risk [Line Items]	'	'
Ratings	'BBB+	'
Accounts Receivable [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	35.00%	26.00%
Accounts Receivable [Member] | Major Customer One [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	20.00%	14.00%
Accounts Receivable [Member] | Major Customer Two [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	15.00%	12.00%
Accounts Payable [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	64.00%	60.00%
Accounts Payable [Member] | Major Customer One [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	54.00%	47.00%
Accounts Payable [Member] | Major Customer Two [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	10.00%	13.00%
Revenue [Member]	'	'
Concentration Risk [Line Items]	'	'
Concentration risk percent	20.00%	23.00%

Related_Party_Transactions_Nar

Related Party Transactions (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Selling, general and administrative expense from related parties	$30,687	$85,088
Renaissance Property Associates, LLC [Member]	'	'
Related Party Transaction [Line Items]	'	'
Selling, general and administrative expense from related parties	$107,586	$107,586

Related_Party_Transactions_Sch

Related Party Transactions (Schedule of Revenue) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Revenue	$349,764	$626,502
New York Islanders Hockey Club, LP [Member]	'	'
Related Party Transaction [Line Items]	'	'
Revenue	75,177	75,466
Renaissance Property Associates, LLC [Member]	'	'
Related Party Transaction [Line Items]	'	'
Revenue	30,000	30,000
Smile Train, Inc [Member]	'	'
Related Party Transaction [Line Items]	'	'
Revenue	24,000	24,000
KyLinTV [Member]	'	'
Related Party Transaction [Line Items]	'	'
Revenue	$220,587	$497,036

Related_Party_Transactions_Sch1

Related Party Transactions (Schedule of Amounts Due from (to) Related Parties) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]	'	'
Amounts due from (to) related parties	$370,683	$227,099
New York Islanders Hockey Club, LP [Member]	'	'
Related Party Transaction [Line Items]	'	'
Amounts due from (to) related parties	-12,817	-16,743
Renaissance Property Associates, LLC [Member]	'	'
Related Party Transaction [Line Items]	'	'
Amounts due from (to) related parties	2,737	931
KyLinTV [Member]	'	'
Related Party Transaction [Line Items]	'	'
Amounts due from (to) related parties	$380,763	$242,911

Earnings_Loss_Per_Share_Schedu

Earnings (Loss) Per Share (Schedule of Basic and Diluted EPS) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Loss Earnings (Loss) Per Share [Abstract]	'	'
Consolidated net income (loss)	$1,068,887	($282,866)
Weighted average shares of common stock outstanding used in calculating basic EPS	170,855,997	164,207,147
Effect of dilutive preferred stock, stock options and warrants	43,549,857	'
Weighted average shares of common stock outstanding used in calculating diluted EPS	214,405,854	164,207,147
Basic EPS	$0.01	$0
Diluted EPS	$0	$0

Earnings_Loss_Per_Share_Schedu1

Earnings (Loss) Per Share (Schedule of Anit-dilutive Securities) (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Class 3 Preference Shares [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	17,176,818	17,176,818
Class 4 Preference Shares [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	10,912,265	10,912,265
Stock options - New Plan [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	13,774,000	1,065,000
Stock options - Old Plan [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	9,445,625	16,338,333
Stock appreciation rights [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	'	675,000
Warrants [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	11,628,006	19,383,269
Retention warrants [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities	'	91,050

Investment_Income_Details

Investment Income (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Investment Income [Abstract]	'
Investment income	$420,935