Shift4 Payments 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	15-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'4Licensing Corp	'
Entity Central Index Key	'0000058592	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	13,721,992
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$1,467	$356
Accounts receivable - net	217	308
Inventories	342	137
Prepaid expenses and other current assets	385	278
Current assets of discontinued operations	1	1
Total current assets	2,412	1,080
Property and equipment - net	31	37
Accounts receivable - noncurrent, net	17	1
Intangible assets - net	1,944	1,979
Other assets - net	442	471
Total assets	4,846	3,568
Current liabilities:	'	'
Due to licensors	576	327
Accounts payable and accrued expenses	1,635	1,789
Current liabilities of discontinued operations	293	618
Deferred revenue	13	7
Total current liabilities	2,517	2,741
Long-term debt	672	0
Accrued expenses - long-term	60	23
Total liabilities	3,249	2,764
Commitments and contingencies	'	'
4Licensing Corporation shareholders' equity (deficit)	'	'
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 15,845,879 and 15,838,879 shares; outstanding 13,721,992 and 13,714,992 shares at March 31, 2014 and December 31, 2013, respectively	158	158
Additional paid-in capital	70,624	69,629
Accumulated deficit	-16,935	-16,748
Shareholders' equity before treasury stock	53,847	53,039
Less cost of 2,123,887 treasury shares at March 31, 2014 and December 31, 2013	-36,488	-36,488
Total equity of 4Licensing Corporation shareholders	17,359	16,551
Noncontrolling interests, (includes discontinued operations of $(16,203) at March 31, 2014 and December 31, 2013)	-15,762	-15,747
Total equity	1,597	804
Total liabilities and equity	$4,846	$3,568

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
4Licensing Corporation shareholders' equity (deficit)	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	15,845,879	15,838,879
Common stock, shares outstanding (in shares)	13,721,992	13,714,992
Treasury shares (in shares)	2,123,887	2,123,887
Discontinued operations included in non-controlling interests	($16,203)	($16,203)

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Net revenues:	'	'
Service revenue	$101	$252
Product sales	47	5
Total net revenues	148	257
Costs and expenses:	'	'
Selling, general and administrative	1,013	1,514
Cost of product sales	17	2
Total costs and expenses	1,030	1,516
Loss from operations	-882	-1,259
Other income (expense):	'	'
Gain on sale	225	0
Interest expense	-4	-3
Total other income (expense)	221	-3
Loss from continuing operations before reorganization items	-661	-1,262
Reorganization items	-16	-51
Gain on settlement of pre-petition liabilities	0	25
Loss from continuing operations	-677	-1,288
Income from discontinued operations	325	279
Net loss	-352	-1,009
Loss attributable to noncontrolling interests, continuing operations	165	74
Net loss attributable to 4Licensing Corporation	-187	-935
Basic and diluted loss per share attributable to 4Licensing Corporation common shareholders	'	'
Continuing operations (in dollars per share)	($0.03)	($0.09)
Discontinued operations (in dollars per share)	$0.02	$0.02
Basic and diluted loss per share attributable to 4Licensing Corporation common shareholders	($0.01)	($0.07)
Weighted average common shares outstanding:	'	'
Basic (in shares)	13,721,992	13,714,992
Diluted (in shares)	13,721,992	13,714,992
Net loss attributable to 4Licensing Corporation:	'	'
Loss from continuing operations	-677	-1,288
Loss attributable to noncontrolling interests, continuing operations	165	74
Net loss from continuing operations	-512	-1,214
Income from discontinued operations	325	279
Net income from discontinued operations	325	279
Net loss attributable to 4Licensing Corporation	($187)	($935)

CONSOLIDATED_STATEMENT_OF_COMP

CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME (UNAUDITED) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME (UNAUDITED) [Abstract]	'	'
Net loss	($352)	($1,009)
Other comprehensive income (loss):	'	'
Reclassification of translation adjustment related to liquidation of foreign subsidiary	0	-344
Other comprehensive loss	0	-344
Comprehensive loss	-352	-1,353
Loss attributable to noncontrolling interests	165	74
Comprehensive loss attributable to 4Licensing Corporation	($187)	($1,279)

CONSOLIDATED_STATEMENT_OF_EQUI

CONSOLIDATED STATEMENT OF EQUITY (UNAUDITED) (USD $)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Less Treasury Stock [Member]	Total Equity of 4Licensing Corporation Shareholders [Member]	Non-controlling Interests [Member]	Total
In Thousands, except Share data, unless otherwise specified
BALANCE at Dec. 31, 2013	$158	$69,629	($16,748)	($36,488)	$16,551	($15,747)	$804
BALANCE (in shares) at Dec. 31, 2013	15,839,000	'	'	'	'	'	15,838,879
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Capital contribution from noncontrolling interest	0	0	0	0	0	150	150
Stock-based compensation expense	0	13	0	0	13	0	13
Exercise of stock options (in shares)	7,000	'	'	'	'	'	7
Exercise of stock options	0	4	0	0	4	0	4
Warrants issued in connection with debt	0	978	0	0	978	0	978
Comprehensive net loss	0	0	-187	0	-187	-165	-352
BALANCE at Mar. 31, 2014	$158	$70,624	($16,935)	($36,488)	$17,034	($15,762)	$1,597
BALANCE (in shares) at Mar. 31, 2014	15,846,000	'	'	'	'	'	15,845,879

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($352)	($1,009)
Income from discontinued operations	-325	-279
Loss from continuing operations	-677	-1,288
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	41	39
Gain on settlement of pre-petition liabilities	0	-25
Provision for doubtful accounts	0	5
Share-based compensation	13	55
Changes in operating assets and liabilities:	'	'
Inventory	-205	-126
Accounts receivable	75	206
Prepaid expenses and other current assets	-107	-273
Other assets - net	29	100
Due to licensors	249	-103
Accounts payable and accrued expenses	-154	-1,784
Liabilities subject to compromise	0	-933
Deferred revenue	6	0
Long-term accrued expenses	37	27
Net cash used in continuing operating activities	-693	-4,100
Net cash used in discontinued operating activities	0	-164
Net cash used in operating activities	-693	-4,264
Cash flows from investing activities:	'	'
Proceeds from sale of certain assets	0	1,000
Acquisition of assets	0	-2,100
Purchase of property and equipment	0	-4
Net cash used in investing activities	0	-1,104
Cash flows from financing activities:	'	'
Capital contribution from noncontrolling interests	150	643
Proceeds from long-term debt	1,650	0
Proceeds from exercise of stock options	4	0
Net cash provided by financing activities	1,804	643
Net increase (decrease) in cash and cash equivalents	1,111	-4,725
Cash and cash equivalents, beginning of period	356	9,011
Cash and cash equivalents, end of period	1,467	4,286
Supplemental schedule of non-cash financing activities	'	'
Warrants issued in connection with debt	$978	$0

DESCRIPTION_OF_BUSINESS

DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2014
DESCRIPTION OF BUSINESS [Abstract]	'
DESCRIPTION OF BUSINESS	'
	1. DESCRIPTION OF BUSINESS
	General Development and Narrative Description of Business -
	4Licensing Corporation (“4LC”), together with the subsidiaries through which its business is conducted (the “Company”), is a licensing company specializing in the youth oriented markets, sports and specialty brands. The Company was originally organized as a New York corporation in 1970, and in December 2012 was reincorporated in Delaware.
	The Company’s consolidated financial statements have been prepared assuming that it will be able to continue to operate as a going concern.  The Company’s limited liquidity as of March 31, 2014 and the costs associated with the further development and launch of products, which could be substantial, raise doubt about the Company’s ability to continue as a going concern.
	Liquidity – In recent years, the Company has incurred substantial net losses and has used substantial amounts of cash in its operating activities.  Sales by the Company of certain securities previously held in its investment portfolio as well as certain other assets have significantly contributed to the funding of these operating losses.  While the timing of these sales, was not primarily motivated by then-current cash needs, without these sales, the Company would not have had sufficient cash to fund its operations.
	The Company will consider all alternatives available to generate additional cash to fund its operations, including, but not limited, to sales of assets, issuance of equity or debt securities, and other third party-arrangements.  There can be no assurance that any of these alternatives will generate additional cash.
	Emerging from Chapter 11 Bankruptcy Proceedings – On April 6, 2011 (the “Petition Date”), the Company and all of its domestic wholly-owned subsidiaries (the “Debtors”) filed voluntary petitions for relief (the “Bankruptcy Cases”) under Title 11 of Chapter 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”), which Bankruptcy Cases were jointly administered under Case No. 11-11607.  After filing the Bankruptcy Cases, the Company and its subsidiaries continued to operate as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.  As debtors-in-possession, we were authorized under Chapter 11 of the Bankruptcy Code to continue to operate as an ongoing business.
	After the filing of the Bankruptcy Cases, the United States Trustee for the Southern District of New York appointed an official committee of unsecured creditors (the “Creditors’ Committee”).
	On October 5, 2012, the Company filed (i) the Disclosure Statement with Respect to Debtors’ Proposed Joint Plan of Reorganization (as may be amended, the “Disclosure Statement”), (ii) the Debtors’ Joint Plan of Reorganization Pursuant to Chapter 11 of the United States Bankruptcy Code (as may be amended, the “Plan”) and (iii) a motion establishing deadlines and procedures with respect to the solicitation of votes on the Plan (the “Procedures Motion”).  On October 29, 2012, the Company filed (i) the Amended Disclosure Statement with Respect to Debtors’ Proposed Plan of Reorganization and (ii) the Debtor’s Amended Joint Plan of Reorganization pursuant to Chapter 11 of the United States Bankruptcy Code.  On October 31, 2012, the Bankruptcy Court approved the Procedures Motion and the Disclosure Statement and authorized the Debtors to solicit votes on the Plan.  The Debtors formally commenced solicitation in respect of the Plan in early November 2012.
	On December 13, 2012, the Bankruptcy Court entered an order in the Bankruptcy Cases confirming the Plan.  On December 21, 2012, the effective date of the Plan, the Company emerged from bankruptcy and commenced paying creditors in full in respect of each such creditor’s allowed claims.  As of December 31, 2013, all of the allowed claims have been paid.  In accordance with the Plan, 4Kids reincorporated in Delaware under the name “4Licensing Corporation.” On the effective date of the Plan, 4Kids’ common stock was cancelled and holders of 4Kids’ common stock were issued one (1) share of common stock of 4LC in exchange for each share of 4Kids’ common stock held by them.
	Financial Reporting Considerations - The Company’s emergence from bankruptcy did not qualify for fresh start accounting in accordance with ASC Topic 852, Reorganization.
	The Company’s business consists of the following two segments:
	IsoBLOX™ and Sports Licensing/Distribution - The IsoBLOX™ and Sports Licensing/Distribution business segment consists of the following wholly owned subsidiaries of the Company: 4LC Sports & Entertainment, Inc. (“4LC Sports”), formerly known as 4Kids Ad Sales, Inc., and 4LC Technology, Inc. (“4LC Technology”), formerly known as 4Kids Technology, Inc., which, in February 2013, acquired, through Pinwrest Development Group, LLC (“Pinwrest”), of which 70% of the membership interests are owned by 4LC Technology, a patent for the IsoBLOX™ technology (the “Patent”) from The Dodd Group, LLC (“TDG”), a Texas limited liability company. The Patent covers a protective shin guard for use in products in the athletic, recreational, police/military, medical and industrial sectors consisting of an elastomeric sleeve within which is deposited protective plastic material consisting of rigid plates joined together by living hinges. The protective plastic material is solid enough to provide protection, flexible enough to better fit the wearer of the shin guard and is lightweight.
	In December 2013, Pinwrest filed a provisional patent application (the “Provisional Patent”) with the U.S. Patent Office covering its newly developed body protection systems and devices that can be used to prevent or limit serious injuries from impacts or collisions during an activity.  The products covered by the Provisional Patent provide body protection systems and devices that can be incorporated into articles of clothing, materials or articles such as seats, linings, or walls of vehicles to reduce the effect of impact.  These body protection devices can form part of headgear, gear, or clothing that is designed to cover and protect one or more parts of a person, such as a military or law enforcement individual, or a professional or recreational athlete.
	The protective material uses a combination of energy dispersion and absorption to diffuse impact on the wearer of the protective gear. The technology covered by the Patent is hereinafter referred to as “IsoBLOX™” technology.
	After further development, Pinwrest intends to license and distribute the IsoBLOX™ technology in protective gear within the youth, teen and adult markets.
	The operations of Pinwrest constitute the “IsoBLOX™ and Sports Licensing/Distribution” business segment of the Company. The Company will report its financial operations from this entity under the new “IsoBLOX™ and Sports Licensing/Distribution” business segment in its consolidated financial statements.
	Entertainment and Brand Licensing - The Entertainment and Brand Licensing business segment consists of the operations of the following wholly-owned subsidiaries of the Company: 4Kids Entertainment Licensing, Inc. (“4Kids Licensing”) and 4Sight Licensing Solutions, Inc. (“4Sight Licensing”).  4Kids Licensing is engaged in the business of licensing the merchandising rights to popular children’s television series, properties and product concepts (individually, the “Property” or collectively the “Properties”). 4Kids Licensing typically acts as exclusive merchandising agent in connection with the grant to third parties of licenses to manufacture and sell all types of merchandise, including toys, videogames, trading cards, apparel, housewares, footwear, books and other published materials, based on such Properties. 4Sight Licensing is engaged in the business of licensing properties and product concepts to adults, teens and “tweens”.  4Sight Licensing focuses on brand building through licensing.
	Discontinued Operations - On August 16, 2012, the Company’s Board of Directors determined to discontinue the operations of its U.K. Subsidiary, 4Kids International, effective September 30, 2012.  The results of operations for the international segment is reported as a discontinued operation.
	Due to the Company’s sale of certain of its assets in July 2012, and the continued lack of profitability, effective June 30, 2012, the Company terminated the operations of 4Kids Ad Sales, Inc. (“4Kids Ad Sales”), 4Kids Productions, Inc. (“4Kids Productions”), 4Kids Entertainment Music, Inc. (“4Kids Music”) and 4Kids Entertainment Home Video, Inc. (“4Kids Home Video”).  Additionally, effective September 30, 2010, the Company terminated the operations of TC Digital and TC Websites.  The results of operations attributable to those segments are reported in the Company’s consolidated financial statements as discontinued operations.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation - The consolidated financial statements, except for the December 31, 2013 consolidated balance sheet, are unaudited and should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2013 presented in our Annual Report on Form 10-K. The consolidated balance sheet as of December 31, 2013 was derived from the audited consolidated balance sheet contained in our Annual Report on Form 10-K.  All significant intercompany accounts and transactions have been eliminated.  In the opinion of management, the accompanying consolidated financial statements contain all adjustments, which are of a normal and recurring nature, necessary to present fairly the financial position of the Company as of March 31, 2014 and December 31, 2013, and the results of operations and comprehensive income (loss) for the three months ended March 31, 2014 and 2013, and changes in equity for the three months ended March 31, 2014 and cash flows for the three months ended March 31, 2014 and 2013. Because of the inherent seasonality and changing trends of the youth oriented market, sports and specialty brands, operating results for the Company on a quarterly basis may not be indicative of operating results for the full year.
	Principles of Consolidation – The accompanying consolidated financial statements include the accounts of 4Licensing Corporation and its wholly-owned subsidiaries and investments of more than 50% in subsidiaries in which it has a controlling financial interest after elimination of significant intercompany transactions and balances.  These consolidated financial statements reflect the use of significant accounting policies, as described below and elsewhere in the notes to the consolidated financial statements.
	Revenue Recognition –
	Service revenues, which consists of licensing revenues: Licensing revenues, net of licensor participations, are recognized when the underlying royalties from the sales of the related products are earned and determinable. The Company recognizes guaranteed royalties, net of licensor participations at the time the arrangement becomes effective if the Company has met all of the following: (1) no significant direct continuing involvement with the underlying Property or obligation to the licensee, (2) the license period has commenced; and (3) collectability is reasonably assured.  Licensing advances and guaranteed payments collected but not yet earned by the Company are classified as deferred revenue in the accompanying consolidated balance sheets.
	Product revenues: Product revenues are recognized when delivery has occurred and the risk of loss has passed to the customer. This is generally upon shipment of goods to customers, except when shipping terms dictate otherwise. The Company records shipping and handling billed to a customer in a sales transaction as revenue, while the costs incurred for shipping and handling are recorded in cost of product sales in the accompanying consolidated statement of operations.
	Property and Equipment - Property and equipment are carried at cost, net of accumulated depreciation and amortization. Depreciation is calculated on the straight-line method based on the estimated useful lives of the assets, which range from three to ten years. Costs associated with the repair and maintenance of property are expensed as incurred.
	Impairment Of Long-Lived And Intangible Assets - The Company assesses the recoverability of long-lived assets for which an indication of impairment exists. The recoverability of assets to be held and used is measured by comparing the carrying amount of an asset to the future undiscounted net cash flows expected to be generated by the asset. If an asset is considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair value. Fair value of long-lived assets is determined using the expected cash flows discounted at a rate commensurate with the risk involved.  At March 31, 2014, the Company believes that the future cash flows to be received from the remaining long-lived assets will exceed the respective assets’ carrying value, and accordingly has not recorded any impairment losses.
	Cash and Cash Equivalents - The Company considers all highly liquid assets, having an original maturity of less than three months, to be cash equivalents.  Cash and cash equivalents are maintained at financial institutions and, at times, balances may exceed federally insured limits.  The Company believes it is not exposed to any significant credit risk of cash and cash equivalents.  All of our non-interest bearing cash balances are insured at March 31, 2014 up to $250 per depositor at each financial institution, and our non-interest bearing cash balances may exceed federally insured limits.
	Fair Value Measurements - The fair values of the Company’s financial instruments reflect the estimates of amounts that would be received from selling an asset in an orderly transaction between market participants at the measurement date.  The fair value estimates presented in this report are based on information available to the Company as of March 31, 2014 and December 31, 2013.
	The carrying values of cash and cash equivalents, accounts receivable, due to licensors, accounts payable, accrued expenses and deferred revenue approximate fair value.  The authoritative guidance issued by the FASB includes a fair value hierarchy based on three levels of inputs, the first two of which are considered observable and the last of which is considered unobservable, that may be used to measure fair value. The three levels are the following:
		·	Level 1 - Quoted prices in active markets for identical assets or liabilities.
		·	Level 2 - Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
		·	Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	Inventories - Inventories are stated at the lower of cost or market. The inventory balance of $342 at March 31, 2014 consists of finished goods and raw materials of $138 and $204, respectively, related to the IsoBLOX™ and Sports Licensing/Distribution segment. The inventory balance at December 31, 2013 consisted solely of finished goods related to the IsoBLOX™ and Sports Licencing/Distributing segment.
	Stock-based compensation - The Company accounts for all share-based payments to employees and directors based on their grant date fair values. Compensation for share-based payments to non-employees is based on the fair value at the measurement date, which is generally the performance completion date. The fair value is initially measured at the grant date and subsequently measured at each reporting period until the final measurement date. The fair value of the Company’s stock option awards is expensed over the vesting life of the underlying stock options using the straight-line method.
	Participation Advances – Participation advances as of March 31, 2014 and December 31, 2013 were both $287 and were included in “other assets” on the balance sheet.
	Reorganization Items - The Company’s costs related to professional, consulting and trustee fees, as the case may be, in conjunction with the Bankruptcy Cases were expensed as incurred and reported as reorganization items in the accompanying consolidated statements of operations.
	Operating Leases - The Company accounts for all operating leases on a straight-line basis over the term of the lease.  In accordance with authoritative guidance issued by the FASB, any incentives or rent escalations are recorded as deferred rent and are included as a component of rent expense over the respective lease term.
	Use of Estimates - The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the years reported. Actual results could materially differ from those estimates.
	Certain accounting principles require subjective and complex judgments to be used in the preparation of financial statements. Accordingly, a different financial presentation could result depending on the judgments, estimates, or assumptions that are used. Such estimates and assumptions include, but are not specifically limited to, those required in the assessment of the impairment of long-lived assets, allowance for doubtful accounts, valuation allowances for deferred tax assets and determination of stock-based compensation.
	Debt Discounts - The Company records, as a discount to promissory notes, the relative fair value of detachable warrants issued in connection with debt issuances. Debt discounts under these arrangements are amortized to interest expense using the effective interest method over the earlier of the term of the related debt or their earliest date of redemption.
	Concentration Of Credit Risk - Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of accounts receivable. The majority of the cash and cash equivalents are maintained with major financial institutions in the United States of America. Credit risk on accounts receivable is minimized by the Company by performing ongoing credit evaluations of its customers’ financial condition and monitoring its exposure for credit losses and maintaining allowances for anticipated losses.
	Income Taxes - Income tax expense (benefit) is provided for using the asset and liability method. Deferred income taxes are recognized at currently enacted tax rates for the expected future tax consequences attributable to temporary differences between amounts reported for income tax purposes and financial reporting purposes. Deferred taxes are provided for the undistributed earnings as if they were to be distributed. The Company regularly reviews its deferred tax assets for recoverability taking into consideration such factors as recurring operating losses, projected future taxable income and the expected timing of the reversals of existing temporary differences.  The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized.
	Our assessment of the valuation allowance on the deferred tax assets could change in the future based on our levels of pre-tax income and other tax-related adjustments. A change in estimate of the valuation allowance, in whole or in part, would result in a non-cash reduction in income tax expense during the period of the change. Due to the continued losses incurred by the Company in 2014 and prior years, the Company believes that it is more likely than not that the deferred tax asset related to these net operating losses will not be realized and therefore recorded a full valuation allowance.  If, in the future, the Company determines that the utilization of these net operating losses becomes more likely than not, the Company will reduce the valuation allowance at that time.
	Pinwrest is a limited liability company and has elected to be treated as a partnership for income tax purposes. As such, U.S. federal and state income taxes (in the states which tax limited liability companies as partnerships) are the direct responsibility of its members. The Company owns 70% of the membership interests of Pinwrest. Thus, the Company’s respective portion of its activity is reported in the consolidated tax returns of 4LC.
	The discontinued operations of TC Digital and TC Websites are limited liability companies and have elected to be treated as partnerships for income tax purposes. As such, U.S. federal and state income taxes (in the states which tax limited liability companies as partnerships) are the direct responsibility of its members. We own 55% of the membership interests in both entities. Thus, our respective portion of their activity is reported in our consolidated tax returns.
	Other Comprehensive Income (Loss) - The Company classifies items as other comprehensive income (loss) by their nature in the financial statements and displays the accumulated balance of other comprehensive income (loss) separately from retained earnings and additional paid-in capital in the equity section of the consolidated balance sheet.  The changes in cumulative translation adjustment during the first quarter of 2013 included a write-off of $344 in cumulative translation adjustment income as a result of the liquidation of the Company’s U.K. subsidiary.  This change has been reported as income from discontinued operations in the Company’s 2013 statements of operations.
	Recently Adopted Accounting Standards - We adopted recent amendments to authoritative guidance issued by FASB in February 2013, which requires disclosure of significant amounts reclassified out of accumulated other comprehensive income by component and their corresponding effect on the respective line items of net income.  This update resulted in additional disclosure but had no effect on the Company’s consolidated financial position and results of operations.
	Recently Issued Accounting Standards - In April 2014, the FASB issued ASU No. 2014-8, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” The standard changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has a major effect on an entity’s operations and financial results. This accounting guidance applies prospectively to new disposals and new classifications of disposal groups as held for sale. The guidance is effective for the Company on a prospective basis beginning in the first quarter of fiscal 2015.

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2014
INTANGIBLE ASSETS [Abstract]	'
INTANGIBLE ASSETS	'
	3. INTANGIBLE ASSETS
	Intangible assets consist of a patent for the IsoBLOX™ technology, which was acquired in February 2013 for a purchase price of $2,100.  The intangible asset is being amortized over a fifteen year period on a straight line basis.  Amortization expense of $35 and $18 has been recorded for the three months ended March 31, 2014 and 2013, respectively. The net carrying value of the intangible assets as of March 31, 2014 and December 31, 2013 was $1,944 and $1,979, respectively.

LONGTERM_DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2014
LONG-TERM DEBT [Abstract]	'
LONG-TERM DEBT	'
	4. LONG-TERM DEBT
	Promissory Notes, Related Parties - On March 25, 2014, the Company, entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Cleveland Capital, L.P. (“Cleveland Capital”) and Prescott Group Aggressive Small Cap Masterfund, GP (“Prescott Group”, and together with Cleveland Capital, the “Purchasers”), and the guarantors party thereto, each of which is a wholly-owned subsidiary of the Company (each a “Guarantor” and collectively, the “Guarantors”), pursuant to which the Company agreed to issue to the Purchasers (i) up to an aggregate principal amount of $1,650 of promissory notes (each a “Note” and collectively, the “Notes”), to be guaranteed by the Guarantors, and (ii) warrants (each a “Warrant” and collectively, the “Warrants”) to purchase up to an aggregate of 1,683,673 shares (the “Warrant Shares”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”), for an aggregate purchase price of approximately $1,650 (the “Offering”).
	On March 25, 2014, the Offering closed and the Company (i) issued and sold to Cleveland Capital a Note in the principal amount of $150 and a Warrant to purchase up to 153,061 Warrant Shares and received $150, and (ii) issued and sold to Prescott Group a Note in the principal amount of $1,500 and a Warrant to purchase up to 1,530,612 Warrant Shares and received $1,500.
	The Notes accrue interest at a rate of 5.0% per year from and after the date of issuance of such Note.  The Notes provide for customary events of default, including nonpayment, certain events of bankruptcy or failure to comply with covenants or other agreements.  The Notes will mature on March 25, 2016.  The Warrants have an initial exercise price of $0.98 per Warrant Share. The Warrants are exercisable immediately and expire ten years from the date of issuance.
	As part of the Purchase Agreement, as long as the Notes are outstanding, the Company may issue additional warrants if certain events were to occur. The number and term of the new warrants that would then be issuable would only be known upon such an occurrence.
	Under the terms of the Notes, the Company was required to use any proceeds received in connection with the general unsecured creditor claim against Lehman Brothers, Inc. to repay principal and accrued but unpaid interest outstanding under the Notes.  In May 2014, the Company sold the claim against Lehman Brothers, Inc. to a third party for $1,607.  See Note 10 for a discussion of the claim against Lehman Brothers, Inc.  The Purchasers have waived the obligation to repay principal outstanding under the Notes with the proceeds that were received in connection with the claim.
	Wade Massad, one of the Company’s directors, is the Co-Founder and Co-Managing Member of Cleveland Capital Management, L.L.C., which is the General Partner of Cleveland Capital. Cleveland Capital beneficially owns more than 5% of the Common Stock of the Company.  Duminda DeSilva, one of the Company’s directors, is the Managing Director at Prescott Group Capital Management, L.L.C., an affiliate of Prescott Group, which beneficially owns more than 5% of the Common Stock of the Company.
	During the first quarter of 2014, the Company issued the Notes along with 1,683,673 detachable Warrants. The detachable Warrants were valued at approximately $1.43 per warrant using the Black-Scholes model at March 25, 2014. The relative fair value of the detachable Warrants of $978 was recorded as a component of stockholders’ equity with the offset recorded as a discount on the Notes and included as a component of Notes in the accompanying consolidated balance sheet as of March 31, 2014. The fair value of the Warrants was determined using the Black-Scholes model with the following assumptions: risk free interest rate – 2.75%, volatility – 100.00%, expected term – 10 years, expected dividends – 0%. The debt discount related to the Warrants is being amortized over a two-year period (through maturity) using the effective interest method.

STOCKBASED_EMPLOYEE_COMPENSATI

STOCK-BASED EMPLOYEE COMPENSATION

3 Months Ended

Mar. 31, 2014

STOCK-BASED EMPLOYEE COMPENSATION [Abstract]

'

STOCK-BASED EMPLOYEE COMPENSATION

'

5. STOCK-BASED EMPLOYEE COMPENSATION

On February 27, 2013, the Board of Directors authorized the Company’s 2013 Equity Incentive Plan (the “Incentive Plan”), which provides for the grant of non-statutory stock options and restricted shares to eligible employees and directors of the Company.  The Incentive Plan authorizes the Company to issue up to 2,600,000 shares of Company’s common stock.  The Company issues new shares upon the exercise of stock options.  Options granted under the Plan generally expire no later than 10 years from the date of grant.  The exercise price of any option granted to a 10% stockholder may be no less than 110% of the fair value of the Company’s common stock on the date of grant.

The Company granted stock options to purchase approximately 850,000 shares of its common stock on February 27, 2013 under the Incentive Plan.   The stock options were granted to an executive officer and members of the Board of Directors, at an exercise price of $0.26 per share (determined by the Board of Directors based upon the range of bid prices for the Company’s common stock on the grant date), and a grant date fair value of $151.  These options become fully exercisable over a two-year period (1/3 exercisable on the grant date, 1/3 exercisable one year after the grant date and the remaining 1/3 exercisable two years after the grant date, respectively) and expire on February 27, 2023.

Total stock-based compensation recorded for the three months ended March 31, 2014 and 2013 was $13 and $55, respectively, and is included in selling, general and administrative expenses.  The fair values of options granted were estimated on the date of grant using the Black-Scholes Merton option pricing model based on the assumptions included in the table below. The fair value of the Company’s stock option awards is charged to expense over the vesting life of the underlying stock options using the straight line method. Expected volatility is based on the historical volatility of the Company’s common stock. The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield of U.S. Treasury bonds on the grant date with a maturity equal to the expected term of the stock option. The expected life of stock option awards granted to employees and non-employee directors is based upon the “simplified” method for “plain vanilla” options described in SEC Staff Accounting Bulletin No. 107, as amended by SEC Staff Accounting Bulletin No. 110. Forfeiture rates are based on management’s estimates.

Three months ended

31-Mar-13

Expected volatility

84%

Expected dividend yield

0.00%

Weighted average risk-free interest rate

1.05%

Expected life

5.50 years

Forfeiture rate

0%

As of March 31, 2014, the Company has approximately $54 of unrecognized stock compensation expense which will be recognized over a period of approximately one year.

Shares

Weighted

Remaining

Aggregate

(In thousands)

Average

Contractual Life

Intrinsic

Exercise

(in years)

Value

Price

(in thousands)

Outstanding at December 31, 2013

905

$

0.28

Grants

—

—

Exercised

(7

)

(0.54

)

Forfeited, cancelled or expired

—

—

Outstanding at March 31, 2014

898

$

0.28

9

$

1,181

Exercisable at March 31, 2014

583

$

0.27

9

$

770

The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing price of the Company’s common stock on the date of determination for those awards that have an exercise price currently below the closing price.  During the three months ended March 31, 2014, there were 7,000 shares exercised under the Incentive Plan with an intrinsic value of $4.

Availability for Future Issuance – As of March 31, 2014, stock options to purchase approximately 1,695,000 shares of the Company’s common stock were available for future issuance under the Incentive Plan.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2014
INCOME TAXES [Abstract]	'
INCOME TAXES	'
	6. INCOME TAXES
	The (expense) benefit from income taxes consisted of the following:
		Three Months Ended
		March 31,
		2014			2013
	Current	$	—		$	—
	Deferred		(142	)		(380	)
		$	(142	)	$	(380	)
	Less: Changes in valuation allowance		142			380
	Total	$	—		$	—
	The Company and its wholly-owned subsidiaries file income tax returns in the United States.  Income tax expense (benefit) is determined using the asset and liability method. Deferred income taxes are recognized at currently enacted tax rates for the expected future tax consequences attributable to temporary differences between amounts reported for income tax purposes and financial reporting purposes. Deferred taxes are provided for the undistributed earnings as if they were to be distributed. The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has not recorded any liability for unrecognized tax benefits.
	The Company is no longer subject to examinations by income tax authorities in most jurisdictions for years prior to 2010.

EARNINGS_LOSS_PER_SHARE

EARNINGS (LOSS) PER SHARE	3 Months Ended
	Mar. 31, 2014
EARNINGS (LOSS) PER SHARE [Abstract]	'
EARNINGS (LOSS) PER SHARE	'
	7. EARNINGS (LOSS) PER SHARE
	The Company computes basic Earnings (Loss) Per Share (“EPS”) based solely on the weighted average number of shares of its common stock outstanding during the period in accordance with authoritative guidance issued by the FASB. Diluted EPS reflects all potential dilution of common stock. For the three months ended March 31, 2014 and 2013, 2,518,673 and 850,000, respectively, shares attributable to outstanding options and warrants, were excluded from the calculation of diluted EPS because the effect was antidilutive.

SEVERANCE_AND_EXIT_COSTS

SEVERANCE AND EXIT COSTS	3 Months Ended
	Mar. 31, 2014
SEVERANCE AND EXIT COSTS [Abstract]	'
SEVERANCE AND EXIT COSTS	'
	8. SEVERANCE AND EXIT COSTS
	A summary of the actions taken for exit costs recorded in loss from discontinued operations and the estimated remaining liability associated with such costs are as follows:
		Total Expenses		Remaining Liability as of March 31, 2014
	Termination of contracts and leases	$	—	$	42
	Total	$	—	$	42
	The remaining liability for severance and exit costs, which are included in current liabilities of discontinued operations, will be paid in accordance with the provisions of the contractual agreements and payments are expected to be completed at various times through 2014.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2014
DISCONTINUED OPERATIONS [Abstract]	'
DISCONTINUED OPERATIONS	'
	9. DISCONTINUED OPERATIONS
	In connection with its on-going evaluation of each of its business units, the management of the Company recommended to the Board of Directors of the Company that based upon the substantial operational losses and declining revenues being incurred by the Company’s international operations, such operations should be discontinued. Accordingly, on August 16, 2012, the Company’s Board of Directors determined to discontinue the operations of its U.K. Subsidiary, 4Kids International, effective September 30, 2012.  Pursuant to the Asset Purchase Agreement and the corresponding assets sold and due to their continued lack of profitability, effective June 30, 2012, the Company terminated the operations of 4Kids Ad Sales, 4Kids Productions, 4Kids Music and 4Kids Home Video. Additionally, effective September 30, 2010, the Company terminated the operations of TC Digital and TC Websites. The results of operations for the international, advertising media and broadcast segment, television and film production/distribution segment and the trading card and game distribution segment are reported as a discontinued operation and the accompanying consolidated financial statements have been reclassified for all prior periods to report the assets, liabilities and operating results of this business.
	The following are the summarized results of discontinued operations for the three months ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014		2013
	Total net revenues	$	—	$	—
	Total income (expenses)		325		279
	Income from discontinued operations	$	325	$	279
	Income from discontinued operations for the three months ended March 31, 2014 is due to the settlement of a liability related to the TCD International, Ltd. matter described below (see Note 10). Income from discontinued operations for the three months ended March 31, 2013 includes a gain of $344 due to the reclassification of accumulated translation adjustments from accumulated other comprehensive income as a result of the liquidation of the Company's U.K. subsidiary.
	The major classes of assets and liabilities of the discontinued operations on the balance sheet are as follows:
		March 31,		December 31,
		2014		2013
	ASSETS
	Accounts receivable – net	$	1	$	1
	Current assets of discontinued operations	$	1	$	1
	LIABILITIES
	Accounts payable and accrued expenses	$	293	$	618
	Current liabilities of discontinued operations	$	293	$	618

LEGAL_PROCEEDINGS

LEGAL PROCEEDINGS	3 Months Ended
	Mar. 31, 2014
LEGAL PROCEEDINGS [Abstract]	'
LEGAL PROCEEDINGS	'
	10. LEGAL PROCEEDINGS
	TCD International, Ltd. - On February 12, 2010, Home Focus Development, Ltd., a British Virgin Islands corporation (“Home Focus”), filed suit against the Company in the United States District Court for the Southern District of New York. Home Focus alleged that the Company owed Home Focus $1,075 under an Interest Purchase Agreement among the Company, Home Focus and TC Digital entered into on March 2, 2009, pursuant to which the Company acquired a 25% ownership interest in TCD International, Ltd. (“TDI”).
	On April 26, 2010, the Company filed an answer and asserted various counterclaims against Home Focus and its owners, in their individual capacities. In its counterclaims, the Company has alleged that Home Focus failed to make its contractually required initial capital contribution of $250 to TDI necessary to acquire the 25% ownership interest in TDI it purported to sell to the Company and also failed to contribute its 50% share of the expenses. The Company has further asserted counterclaims of fraud and misrepresentation.
	The parties have not proceeded with the litigation in light of the filing of the Bankruptcy Cases, which had the effect of automatically staying such litigation. The parties have had substantive discussions and have exchanged draft agreements regarding the possible resolution of the claims and counterclaims. There can be no assurance that the parties will conclude their settlement discussions satisfactorily. The Home Focus claim is currently a disputed claim in the Bankruptcy Cases. If the Home Focus claim is not settled, it may need to be litigated by the Company either in the Bankruptcy Court or in the United States District Court for the Southern District of New York should the Bankruptcy Court cede jurisdiction of this dispute.
	On May 7, 2014, the Company entered into a settlement agreement with Home Focus, which will not become effective until final approval is received from the bankruptcy court.  Under the terms of the agreement, the Company is required to pay Home Focus $750, which can be offset by $250 if the Company assisgns its rights to the Chaotic Property to Home Focus.  This offset is at the discretion of Home Focus.
	Lehman Brothers, Inc. Claim - The Company believes that Lehman Brothers, Inc., the securities broker-dealer that purchased the auction rate securities on behalf of the Company, violated its legal obligations to the Company.  As a result, the Company took various measures to obtain appropriate legal relief, including initiating an arbitration on April 3, 2008 against Lehman Brothers, Inc. and the brokers who had serviced the Company’s Lehman account, with the Financial Industry Regulatory Authority.  On September 15, 2008, Lehman Brothers Holdings, Inc., the parent company of Lehman Brothers, Inc., filed for bankruptcy.  The Company’s arbitration proceeding was stayed by the Lehman bankruptcy.  On September 16, 2008, Barclays PLC announced that it had reached an agreement to purchase the assets of Lehman Brothers Holdings, Inc.’s North American operations, including substantial assets of Lehman Brothers, Inc.  The Lehman-Barclays transaction was approved by the United States Bankruptcy Court for the Southern District of New York on September 20, 2008.  On September 19, 2008, the Securities Investor Protection Corporation (“SIPC”) filed a proceeding, placing Lehman Brothers, Inc. in liquidation under the Securities Investor Protection Act (“SIPA”).  SIPC, pursuant to its authority under SIPA, has acted to facilitate the transfer of Lehman Brothers, Inc.’s customer accounts (including the Company’s accounts) to Barclays, PLC.  In late September 2009, the Company filed a proof of claim against Lehman Brothers, Inc. in the United States Bankruptcy Court for the Southern District of New York. The principal amount of the claim was approximately $31,500 plus interest. In addition, the proof of claim requested treble damages. The proof of claim is a general unsecured claim. On October 18, 2011, the Company entered into a settlement agreement and general release with the brokers who had serviced the Company’s account with Lehman Brothers, Inc. in exchange for a payment to the Company of approximately $489. On May 5, 2014, the Company entered into a stipulation with the Trustee for the liquidation of Lehman Brothers, Inc., regarding its proof of claim.  As part of the stipulation the Company will have an allowed, general unsecured creditor claim against the general estate of Lehman Brothers, Inc. of $3,653, which represents the Company’s final settlement of all claims against Lehman Brothers, Inc.
	On May 9, 2014, the Company sold its $3,653 general unsecured creditor claim against the Lehman Brothers, Inc. estate to a third party for $1,607.
	The Bankruptcy Cases – The Bankruptcy Cases were initially filed by the Debtors with the Bankruptcy Court on April 6, 2011.  On October 5, 2012, the Company filed the Plan and Disclosure Statement.  On October 29, 2012, the Debtors filed an amended Plan and Disclosure Statement.  On October 31, 2012, the Bankruptcy Court entered a solicitation procedures order permitting the Debtors to send the Plan and Disclosure Statement to the parties entitled to vote on the Plan.  On December 13, 2012, the Bankruptcy Court held a confirmation hearing with respect to the Plan. After a hearing and consideration by the Bankruptcy Court of the provisions of the Plan, including consideration of support for the Plan by a vote of approximately 99.93% of shareholders who voted their shares, and there being only one objector to the Plan, the Bankruptcy Court issued an order confirming the Plan.  The Plan became effective on December 21, 2012.
	On the effective date of the Plan, the Company commenced paying creditors holding undisputed, allowed claims the full amount of such allowed claims. The Company and its counsel have also negotiated various settlement agreements with creditors holding disputed claims. As of March 31, 2014, the Company has paid all allowed claims and, on May 7, 2014, the Company entered into a settlement agreement with the remaining disputed claimant which requires final Bankruptcy Court approval. If the Bankruptcy Court does not approve the settlement then the claim may need to be litigated in the Bankruptcy Court or in other courts or administrative bodies. The cost and expense to litigate the disputed claim as well as any damages which may be awarded to the holder of such disputed claim may have a material adverse effect on the Company’s financial position or the results of its operations or cash flows.
	The Company, from time to time, is involved in litigation, contract disputes and claims arising in the ordinary course of its business. Except as described above, the Company does not believe that such litigation to which the Company or any subsidiary of the Company is a party or of which any of their Properties is the subject or any claims made against it will, individually or in the aggregate, have a material adverse effect on the Company’s financial position or the results of its operations or cash flows.

NONCONTROLLING_INTEREST

NONCONTROLLING INTEREST	3 Months Ended
	Mar. 31, 2014
NONCONTROLLING INTEREST [Abstract]	'
NONCONTROLLING INTEREST	'
	11. NONCONTROLLING INTEREST
	Pinwrest Development Group LLC - On January 17, 2013, 4LC Technology and certain other investors entered into an operating agreement of Pinwrest, with 4LC Technology owning 70% of Pinwrest’s membership interests and the minority members owning 30% of Pinwrest’s membership interests.  Pinwrest is treated as a consolidated subsidiary of the Company as a result of its majority ownership.
	Noncontrolling interest of membership units in Pinwrest represents the minority members’ proportionate share of the equity in the entity. Income is allocated to the membership units’ minority interest based on the ownership percentage throughout the year.  The following table summarizes the noncontrolling interest’s loss attributable to the noncontrolling equity interest in Pinwrest:
		Three Months Ended
		March 31,
		2014			2013
	Pinwrest net loss before common units’ noncontrolling interest	$	(549	)	$	(247	)
	Noncontrolling interest percentage		30	%		30	%
	Loss attributable to noncontrolling interest	$	(165	)	$	(74	)
	During the three months ended March 31, 2014 and 2013, contributions from noncontrolling investors amounted to $150 and $643, respectively.

NONCONTROLLING_INTEREST_RELATE

NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2014
NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS [Abstract]	'
NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS	'
	12. NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS
	As of January 1, 2009, all earnings and losses of a subsidiary are attributed to both the parent and the noncontrolling interest, even if the losses attributable to the noncontrolling interest result in a deficit noncontrolling interest balance.  Previously, any losses exceeding the noncontrolling interest’s investment in the subsidiaries were attributed to the parent.
	Effective September 30, 2010, the Company has terminated the operations of TC Digital and TC Websites due to their continued lack of profitability.  As a consequence of the termination of their operations, TC Digital and TC Websites ceased supporting the Chaotic trading card game and website, effective October 1, 2010 (see Note 9, Discontinued Operations).
	a) TC Digital Games LLC - TC Digital was formed in December 2006.  4Kids Digital has owned 55% of TC Digital’s membership interests, and Chaotic USA Entertainment Group, Inc. (“CUSA”) has owned the remaining 45% of TC Digital’s membership interests, since December 2007.  TC Digital is treated as a consolidated subsidiary of the Company as a result of its majority ownership and its right to break any deadlocks within the TC Digital Management Committee.
	Noncontrolling interest of membership units in TC Digital represents the noncontrolling members’ proportionate share of the equity in the entity. Income is allocated to the membership units’ noncontrolling interest based on the ownership percentage throughout the year. As of March 31, 2014, the noncontrolling member continued to hold 45% of the equity in the entity.  The following table summarizes the noncontrolling interest’s income attributable to the noncontrolling equity interest in TC Digital:
		Three Months Ended
		March 31,
		2014			2013
	TC Digital net income (loss) before common units noncontrolling interest	$	—		$	—
	Noncontrolling interest percentage		45	%		45	%
	Income (loss) attributable to noncontrolling interest	$	—		$	—
	As of March 31, 2014, the loss in excess of noncontrolling interest for TC Digital absorbed by 4Kids Digital, in the aggregate, since the formation of such entity is $21,548.
	b) TC Websites LLC - Under the terms of the TC Websites Operating Agreement, 4Kids Websites and CUSA are each entitled to elect two managers to TC Websites’ Management Committee, with 4Kids Websites having the right to break any deadlocks on TC Websites' Management Committee with respect to operational matters.  TC Websites is treated as a consolidated subsidiary of the Company as a result of its majority ownership and its right to break any deadlocks within the TC Websites Management Committee.
	As of March 31, 2014, the noncontrolling member held 45% of the equity in the entity.  The following table summarizes the noncontrolling interest’s loss attributable to the noncontrolling equity interest in TC Websites:
		Three Months Ended
		March 31,
		2014			2013
	TC Websites net income (loss) before common units noncontrolling interest	$	—		$	—
	Noncontrolling interest percentage		45	%		45	%
	Income (loss) attributable to noncontrolling interest	$	—		$	—
	As of March 31, 2014, the loss in excess of noncontrolling interest for TC Websites absorbed by 4Kids Websites in the aggregate since the formation of such entity is $6,038.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
SUBSEQUENT EVENTS [Abstract]	'
SUBSEQUENT EVENTS	'
	13. SUBSEQUENT EVENTS
	There were events that occurred subsequent to March 31, 2014 that required disclosure in the Company’s consolidated financial statements (See Note 10, Legal Proceedings).

SEGMENT_AND_RELATED_INFORMATIO

SEGMENT AND RELATED INFORMATION	3 Months Ended
	Mar. 31, 2014
SEGMENT AND RELATED INFORMATION [Abstract]	'
SEGMENT AND RELATED INFORMATION	'
	14. SEGMENT AND RELATED INFORMATION
	The Company has two reportable segments: (i) Entertainment and Brand Licensing and (ii) IsoBLOX™ and Sports Licensing/Distribution.  The Company’s reportable segments are strategic business units, which, while managed separately, work together as a vertically integrated entertainment company.  The Company’s management regularly evaluates the performance of each segment based on its net revenues, profit and loss after all expenses, including interest income. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.  All inter-segment transactions have been eliminated in consolidation.
		Entertainment and Brand Licensing			IsoBLOX™ and Sports Distribution/ Licensing			Total
	Three Months Ended March 31,
	2014:00:00
	Net revenues from external customers	$	83		$	65		$	148
	Reorganization items		(16	)		—			(16	)
	Segment loss		(70	)		(607	)		(677	)
	Segment assets		2,075			2,770			4,845
	2013:00:00
	Net revenues from external customers	$	252		$	5		$	257
	Reorganization items		(51	)		—			(51	)
	Segment loss		(988	)		(300	)		(1,288	)
	Segment assets		5,241			2,459			7,700
	Net revenues from external customers and segment loss from discontinued operations have been excluded and are disclosed in Note 9.  Additionally, segment assets relating to discontinued operations of $1 and $152 for the three months ended March 31, 2014 and 2013, respectively, have also been excluded from segment reporting.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation – The accompanying consolidated financial statements include the accounts of 4Licensing Corporation and its wholly-owned subsidiaries and investments of more than 50% in subsidiaries in which it has a controlling financial interest after elimination of significant intercompany transactions and balances.  These consolidated financial statements reflect the use of significant accounting policies, as described below and elsewhere in the notes to the consolidated financial statements.
Revenue Recognition	'
	Revenue Recognition –
	Service revenues, which consists of licensing revenues: Licensing revenues, net of licensor participations, are recognized when the underlying royalties from the sales of the related products are earned and determinable. The Company recognizes guaranteed royalties, net of licensor participations at the time the arrangement becomes effective if the Company has met all of the following: (1) no significant direct continuing involvement with the underlying Property or obligation to the licensee, (2) the license period has commenced; and (3) collectability is reasonably assured.  Licensing advances and guaranteed payments collected but not yet earned by the Company are classified as deferred revenue in the accompanying consolidated balance sheets.
	Product revenues: Product revenues are recognized when delivery has occurred and the risk of loss has passed to the customer. This is generally upon shipment of goods to customers, except when shipping terms dictate otherwise. The Company records shipping and handling billed to a customer in a sales transaction as revenue, while the costs incurred for shipping and handling are recorded in cost of product sales in the accompanying consolidated statement of operations.
Property and Equipment	'
	Property and Equipment - Property and equipment are carried at cost, net of accumulated depreciation and amortization. Depreciation is calculated on the straight-line method based on the estimated useful lives of the assets, which range from three to ten years. Costs associated with the repair and maintenance of property are expensed as incurred.
Impairment Of Long-Lived And Intangible Assets	'
	Impairment Of Long-Lived And Intangible Assets - The Company assesses the recoverability of long-lived assets for which an indication of impairment exists. The recoverability of assets to be held and used is measured by comparing the carrying amount of an asset to the future undiscounted net cash flows expected to be generated by the asset. If an asset is considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair value. Fair value of long-lived assets is determined using the expected cash flows discounted at a rate commensurate with the risk involved.  At March 31, 2014, the Company believes that the future cash flows to be received from the remaining long-lived assets will exceed the respective assets’ carrying value, and accordingly has not recorded any impairment losses.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents - The Company considers all highly liquid assets, having an original maturity of less than three months, to be cash equivalents.  Cash and cash equivalents are maintained at financial institutions and, at times, balances may exceed federally insured limits.  The Company believes it is not exposed to any significant credit risk of cash and cash equivalents.  All of our non-interest bearing cash balances are insured at March 31, 2014 up to $250 per depositor at each financial institution, and our non-interest bearing cash balances may exceed federally insured limits.
Fair Value Measurements	'
	Fair Value Measurements - The fair values of the Company’s financial instruments reflect the estimates of amounts that would be received from selling an asset in an orderly transaction between market participants at the measurement date.  The fair value estimates presented in this report are based on information available to the Company as of March 31, 2014 and December 31, 2013.
	The carrying values of cash and cash equivalents, accounts receivable, due to licensors, accounts payable, accrued expenses and deferred revenue approximate fair value.  The authoritative guidance issued by the FASB includes a fair value hierarchy based on three levels of inputs, the first two of which are considered observable and the last of which is considered unobservable, that may be used to measure fair value. The three levels are the following:
		·	Level 1 - Quoted prices in active markets for identical assets or liabilities.
		·	Level 2 - Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
		·	Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
Inventories	'
	Inventories - Inventories are stated at the lower of cost or market. The inventory balance of $342 at March 31, 2014 consists of finished goods and raw materials of $138 and $204, respectively, related to the IsoBLOX™ and Sports Licensing/Distribution segment. The inventory balance at December 31, 2013 consisted solely of finished goods related to the IsoBLOX™ and Sports Licencing/Distributing segment.
Stock-based compensation	'
	Stock-based compensation - The Company accounts for all share-based payments to employees and directors based on their grant date fair values. Compensation for share-based payments to non-employees is based on the fair value at the measurement date, which is generally the performance completion date. The fair value is initially measured at the grant date and subsequently measured at each reporting period until the final measurement date. The fair value of the Company’s stock option awards is expensed over the vesting life of the underlying stock options using the straight-line method.
Participation Advances	'
	Participation Advances – Participation advances as of March 31, 2014 and December 31, 2013 were both $287 and were included in “other assets” on the balance sheet.
Reorganization Items	'
	Reorganization Items - The Company’s costs related to professional, consulting and trustee fees, as the case may be, in conjunction with the Bankruptcy Cases were expensed as incurred and reported as reorganization items in the accompanying consolidated statements of operations.
Operating Leases	'
	Operating Leases - The Company accounts for all operating leases on a straight-line basis over the term of the lease.  In accordance with authoritative guidance issued by the FASB, any incentives or rent escalations are recorded as deferred rent and are included as a component of rent expense over the respective lease term.
Use of Estimates	'
	Use of Estimates - The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the years reported. Actual results could materially differ from those estimates.
	Certain accounting principles require subjective and complex judgments to be used in the preparation of financial statements. Accordingly, a different financial presentation could result depending on the judgments, estimates, or assumptions that are used. Such estimates and assumptions include, but are not specifically limited to, those required in the assessment of the impairment of long-lived assets, allowance for doubtful accounts, valuation allowances for deferred tax assets and determination of stock-based compensation.
Debt Discounts	'
	Debt Discounts - The Company records, as a discount to promissory notes, the relative fair value of detachable warrants issued in connection with debt issuances. Debt discounts under these arrangements are amortized to interest expense using the effective interest method over the earlier of the term of the related debt or their earliest date of redemption.
Concentration Of Credit Risk	'
	Concentration Of Credit Risk - Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of accounts receivable. The majority of the cash and cash equivalents are maintained with major financial institutions in the United States of America. Credit risk on accounts receivable is minimized by the Company by performing ongoing credit evaluations of its customers’ financial condition and monitoring its exposure for credit losses and maintaining allowances for anticipated losses.
Income Taxes	'
	Income Taxes - Income tax expense (benefit) is provided for using the asset and liability method. Deferred income taxes are recognized at currently enacted tax rates for the expected future tax consequences attributable to temporary differences between amounts reported for income tax purposes and financial reporting purposes. Deferred taxes are provided for the undistributed earnings as if they were to be distributed. The Company regularly reviews its deferred tax assets for recoverability taking into consideration such factors as recurring operating losses, projected future taxable income and the expected timing of the reversals of existing temporary differences.  The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized.
	Our assessment of the valuation allowance on the deferred tax assets could change in the future based on our levels of pre-tax income and other tax-related adjustments. A change in estimate of the valuation allowance, in whole or in part, would result in a non-cash reduction in income tax expense during the period of the change. Due to the continued losses incurred by the Company in 2014 and prior years, the Company believes that it is more likely than not that the deferred tax asset related to these net operating losses will not be realized and therefore recorded a full valuation allowance.  If, in the future, the Company determines that the utilization of these net operating losses becomes more likely than not, the Company will reduce the valuation allowance at that time.
	Pinwrest is a limited liability company and has elected to be treated as a partnership for income tax purposes. As such, U.S. federal and state income taxes (in the states which tax limited liability companies as partnerships) are the direct responsibility of its members. The Company owns 70% of the membership interests of Pinwrest. Thus, the Company’s respective portion of its activity is reported in the consolidated tax returns of 4LC.
	The discontinued operations of TC Digital and TC Websites are limited liability companies and have elected to be treated as partnerships for income tax purposes. As such, U.S. federal and state income taxes (in the states which tax limited liability companies as partnerships) are the direct responsibility of its members. We own 55% of the membership interests in both entities. Thus, our respective portion of their activity is reported in our consolidated tax returns.
Other Comprehensive Income (Loss)	'
	Other Comprehensive Income (Loss) - The Company classifies items as other comprehensive income (loss) by their nature in the financial statements and displays the accumulated balance of other comprehensive income (loss) separately from retained earnings and additional paid-in capital in the equity section of the consolidated balance sheet.  The changes in cumulative translation adjustment during the first quarter of 2013 included a write-off of $344 in cumulative translation adjustment income as a result of the liquidation of the Company’s U.K. subsidiary.  This change has been reported as income from discontinued operations in the Company’s 2013 statements of operations.
Recently Adopted Accounting Standards	'
	Recently Adopted Accounting Standards - We adopted recent amendments to authoritative guidance issued by FASB in February 2013, which requires disclosure of significant amounts reclassified out of accumulated other comprehensive income by component and their corresponding effect on the respective line items of net income.  This update resulted in additional disclosure but had no effect on the Company’s consolidated financial position and results of operations.
Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards - In April 2014, the FASB issued ASU No. 2014-8, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” The standard changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has a major effect on an entity’s operations and financial results. This accounting guidance applies prospectively to new disposals and new classifications of disposal groups as held for sale. The guidance is effective for the Company on a prospective basis beginning in the first quarter of fiscal 2015.

STOCKBASED_EMPLOYEE_COMPENSATI1

STOCK-BASED EMPLOYEE COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2014
STOCK-BASED EMPLOYEE COMPENSATION [Abstract]	'
Assumptions used in estimating fair values of options granted	'
	Total stock-based compensation recorded for the three months ended March 31, 2014 and 2013 was $13 and $55, respectively, and is included in selling, general and administrative expenses.  The fair values of options granted were estimated on the date of grant using the Black-Scholes Merton option pricing model based on the assumptions included in the table below. The fair value of the Company’s stock option awards is charged to expense over the vesting life of the underlying stock options using the straight line method. Expected volatility is based on the historical volatility of the Company’s common stock. The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield of U.S. Treasury bonds on the grant date with a maturity equal to the expected term of the stock option. The expected life of stock option awards granted to employees and non-employee directors is based upon the “simplified” method for “plain vanilla” options described in SEC Staff Accounting Bulletin No. 107, as amended by SEC Staff Accounting Bulletin No. 110. Forfeiture rates are based on management’s estimates.
		Three months ended
		31-Mar-13
	Expected volatility	84%
	Expected dividend yield	0.00%
	Weighted average risk-free interest rate	1.05%
	Expected life	5.50 years
	Forfeiture rate	0%
Summary of activity under stock option plans	'
	As of March 31, 2014, the Company has approximately $54 of unrecognized stock compensation expense which will be recognized over a period of approximately one year.
			Shares			Weighted			Remaining		Aggregate
			(In thousands)			Average			Contractual Life		Intrinsic
						Exercise			(in years)		Value
						Price					(in thousands)
	Outstanding at December 31, 2013			905		$	0.28
	Grants			—			—
	Exercised			(7	)		(0.54	)
	Forfeited, cancelled or expired			—			—
	Outstanding at March 31, 2014			898		$	0.28			9	$	1,181
	Exercisable at March 31, 2014			583		$	0.27			9	$	770

INCOME_TAXES_Tables

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2014
INCOME TAXES [Abstract]	'
(Expense) benefit from income taxes	'
	The (expense) benefit from income taxes consisted of the following:
		Three Months Ended
		March 31,
		2014			2013
	Current	$	—		$	—
	Deferred		(142	)		(380	)
		$	(142	)	$	(380	)
	Less: Changes in valuation allowance		142			380
	Total	$	—		$	—

SEVERANCE_AND_EXIT_COSTS_Table

SEVERANCE AND EXIT COSTS (Tables)	3 Months Ended
	Mar. 31, 2014
SEVERANCE AND EXIT COSTS [Abstract]	'
Severance and other exit-costs, estimated liability associated with such costs	'
	A summary of the actions taken for exit costs recorded in loss from discontinued operations and the estimated remaining liability associated with such costs are as follows:
		Total Expenses		Remaining Liability as of March 31, 2014
	Termination of contracts and leases	$	—	$	42
	Total	$	—	$	42

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2014
DISCONTINUED OPERATIONS [Abstract]	'
Summary of results of operations and balance sheet position of the discontinued operations	'
	The following are the summarized results of discontinued operations for the three months ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014		2013
	Total net revenues	$	—	$	—
	Total income (expenses)		325		279
	Income from discontinued operations	$	325	$	279
	The major classes of assets and liabilities of the discontinued operations on the balance sheet are as follows:
		March 31,		December 31,
		2014		2013
	ASSETS
	Accounts receivable – net	$	1	$	1
	Current assets of discontinued operations	$	1	$	1
	LIABILITIES
	Accounts payable and accrued expenses	$	293	$	618
	Current liabilities of discontinued operations	$	293	$	618

NONCONTROLLING_INTEREST_Tables

NONCONTROLLING INTEREST (Tables)	3 Months Ended
	Mar. 31, 2014
NONCONTROLLING INTEREST [Abstract]	'
Non controlling interest's loss attributable to the non controlling equity interest	'
	The following table summarizes the noncontrolling interest’s loss attributable to the noncontrolling equity interest in Pinwrest:
		Three Months Ended
		March 31,
		2014			2013
	Pinwrest net loss before common units’ noncontrolling interest	$	(549	)	$	(247	)
	Noncontrolling interest percentage		30	%		30	%
	Loss attributable to noncontrolling interest	$	(165	)	$	(74	)

NONCONTROLLING_INTEREST_RELATE1

NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2014
Noncontrolling Interest [Line Items]	'
Noncontrolling interest's loss attributable to the noncontrolling equity interest	'
	As of March 31, 2014, the noncontrolling member held 45% of the equity in the entity.  The following table summarizes the noncontrolling interest’s loss attributable to the noncontrolling equity interest in TC Websites:
		Three Months Ended
		March 31,
		2014			2013
	TC Websites net income (loss) before common units noncontrolling interest	$	—		$	—
	Noncontrolling interest percentage		45	%		45	%
	Income (loss) attributable to noncontrolling interest	$	—		$	—
TC Websites LLC [Member]	'
Noncontrolling Interest [Line Items]	'
Noncontrolling interest's loss attributable to the noncontrolling equity interest	'
	The following table summarizes the noncontrolling interest’s income attributable to the noncontrolling equity interest in TC Digital:
		Three Months Ended
		March 31,
		2014			2013
	TC Digital net income (loss) before common units noncontrolling interest	$	—		$	—
	Noncontrolling interest percentage		45	%		45	%
	Income (loss) attributable to noncontrolling interest	$	—		$	—

SEGMENT_AND_RELATED_INFORMATIO1

SEGMENT AND RELATED INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2014
SEGMENT AND RELATED INFORMATION [Abstract]	'
Segment reporting information, by segment	'
	The Company has two reportable segments: (i) Entertainment and Brand Licensing and (ii) IsoBLOX™ and Sports Licensing/Distribution.  The Company’s reportable segments are strategic business units, which, while managed separately, work together as a vertically integrated entertainment company.  The Company’s management regularly evaluates the performance of each segment based on its net revenues, profit and loss after all expenses, including interest income. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.  All inter-segment transactions have been eliminated in consolidation.
		Entertainment and Brand Licensing			IsoBLOX™ and Sports Distribution/ Licensing			Total
	Three Months Ended March 31,
	2014:00:00
	Net revenues from external customers	$	83		$	65		$	148
	Reorganization items		(16	)		—			(16	)
	Segment loss		(70	)		(607	)		(677	)
	Segment assets		2,075			2,770			4,845
	2013:00:00
	Net revenues from external customers	$	252		$	5		$	257
	Reorganization items		(51	)		—			(51	)
	Segment loss		(988	)		(300	)		(1,288	)
	Segment assets		5,241			2,459			7,700

DESCRIPTION_OF_BUSINESS_Detail

DESCRIPTION OF BUSINESS (Details) (Pinwrest Development Group LLC [Member])	Feb. 28, 2013
Pinwrest Development Group LLC [Member]	'
Chapter 11 Bankruptcy Proceedings [Abstract]	'
Percentage of ownership (in hundredths)	70.00%

DESCRIPTION_OF_BUSINESS_DISCON

DESCRIPTION OF BUSINESS, DISCONTINUED OPERATIONS (Details) (TC Digital Games LLC [Member])	Mar. 31, 2014
TC Digital Games LLC [Member]	'
Noncontrolling Interest [Line Items]	'
Percentage of ownership (in hundredths)	55.00%

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended						3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Feb. 28, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014
				Pinwrest Development Group LLC [Member]	TC Digital [Member]	TC Websites LLC [Member]	Minimum [Member]	Maximum [Member]
Principles of Consolidation [Abstract]	'	'	'	'	'	'	'	'
Minimum percentage of ownership interest in subsidiaries (in hundredths)	50.00%	'	'	'	'	'	'	'
Property and Equipment [Line Items]	'	'	'	'	'	'	'	'
Estimated useful lives of the assets	'	'	'	'	'	'	'3 years	'10 years
Cash and Cash Equivalents [Abstract]	'	'	'	'	'	'	'	'
Insurance coverage per depositor	$250	'	'	'	'	'	'	'
Inventory [Abstract]	'	'	'	'	'	'	'	'
Inventory of finished goods	138	'	'	'	'	'	'	'
Inventory of raw materials	204	'	'	'	'	'	'	'
Inventory	342	'	137	'	'	'	'	'
Participation Advances [Abstract]	'	'	'	'	'	'	'	'
Participation advances	287	'	287	'	'	'	'	'
Other comprehensive income (loss):	'	'	'	'	'	'	'	'
Cumulative translation adjustment income	$0	$344	'	'	'	'	'	'
Noncontrolling Interest [Line Items]	'	'	'	'	'	'	'	'
Percentage of ownership in subsidiaries (in hundredths)	'	'	'	70.00%	55.00%	55.00%	'	'

INTANGIBLE_ASSETS_Details

INTANGIBLE ASSETS (Details) (Patent for IsoBLOX [Member], USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Feb. 28, 2013
Patent for IsoBLOX [Member]	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'
Acquisition purchase price	'	'	'	$2,100
Amortization period of intangible asset	'15 years	'	'	'
Amortization expense	35	18	'	'
Net carrying value of intangible asset	$1,944	'	$1,979	'

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 25, 2014	Mar. 31, 2014	Dec. 31, 2013
Securities Purchase Agreement [Abstract]	'	'	'
Common stock, par value (in dollars per share)	'	$0.01	$0.01
Debt Instrument [Abstract]	'	'	'
Debt Instrument, interest rate (in hundredths)	5.00%	'	'
Debt Instrument, maturity date	25-Mar-16	'	'
Exercise price of warrants (in dollars per share)	$0.98	'	'
Term of warrants	'10 years	'	'
Fair value assumptions and methodology for warrants [Abstract]	'	'	'
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants	'	$978	'
Warrant [Member]	'	'	'
Fair value assumptions and methodology for warrants [Abstract]	'	'	'
Risk free interest rate (in hundredths)	'	2.75%	'
Volatility rate (in hundredths)	'	100.00%	'
Expected term	'	'10 years	'
Dividend rate (in hundredths)	'	0.00%	'
Amortization period	'	'2 years	'
Purchasers [Member] | Maximum [Member]	'	'	'
Securities Purchase Agreement [Abstract]	'	'	'
Debt issuance, promissory note, principal	1,650	'	'
Aggregate purchase price amount	1,650	'	'
Purchasers [Member] | Warrant [Member] | Maximum [Member]	'	'	'
Securities Purchase Agreement [Abstract]	'	'	'
Warrant issuance, to purchase shares (in shares)	1,683,673	'	'
Common stock, par value (in dollars per share)	$0.01	'	'
Warrants valued (in dollars per share)	$1.43	'	'
Prescott Group [Member]	'	'	'
Closed offering [Abstract]	'	'	'
Debt instrument, principal	1,500	'	'
Proceeds from debt issuance	1,500	'	'
Prescott Group [Member] | Warrant [Member]	'	'	'
Closed offering [Abstract]	'	'	'
Warrant issuance, to purchase shares (in shares)	1,530,612	'	'
Cleveland Capital Management [Member]	'	'	'
Closed offering [Abstract]	'	'	'
Debt instrument, principal	150	'	'
Proceeds from debt issuance	$150	'	'
Cleveland Capital Management [Member] | Director - Wade Massad [Member]	'	'	'
Debt Instrument [Abstract]	'	'	'
Beneficial ownership of common shares in excess of (in hundredths)	5.00%	'	'
Cleveland Capital Management [Member] | Director - Duminda DeSilva [Member]	'	'	'
Debt Instrument [Abstract]	'	'	'
Beneficial ownership of common shares in excess of (in hundredths)	5.00%	'	'
Cleveland Capital Management [Member] | Warrant [Member]	'	'	'
Closed offering [Abstract]	'	'	'
Warrant issuance, to purchase shares (in shares)	153,061	'	'

STOCKBASED_EMPLOYEE_COMPENSATI2

STOCK-BASED EMPLOYEE COMPENSATION (Details) (USD $)	3 Months Ended					3 Months Ended		0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Feb. 27, 2013	Feb. 27, 2013
			Selling, General and Administrative Expenses [Member]	Selling, General and Administrative Expenses [Member]	Stock Options [Member]	2013 Equity Incentive Plan [Member]	2013 Equity Incentive Plan [Member]	2013 Equity Incentive Plan [Member]
								Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Common stock authorized for issuance (in shares)	'	'	'	'	'	'	2,600,000	'
Options granted exercise right period	'	'	'	'	'	'	'	'10 years
Stockholder ownership classification, for exercise price conditions (in hundredths)	'	'	'	'	'	'	'	10.00%
10% Stockholder exercise price of any option to fair value of common shares (in hundredths)	'	'	'	'	'	'	'	110.00%
Issuance of common stock (in shares)	7	'	'	'	'	7,000	'	'
Stock options granted (in shares)	0	'	'	'	'	'	'	850,000
Stock options, grants in period, exercise price (in dollars per share)	$0	'	'	'	'	'	'	$0.26
Grant date fair value	'	'	'	'	'	'	'	$151
Stock options exercisable period	'9 years	'	'	'	'	'	'	'2 years
Stock options expiration date	'	'	'	'	'	'	'	27-Feb-23
Option awards vesting on the date of issuance, 1 year after issuance and 2 years after issuance, respectively (in hundredths)	'	'	'	'	'	'	'	33.33%
Stock-based compensation expense	'	'	13	55	'	'	'	'
Number of options exercisable (in shares)	'	'	'	'	'	7,000	'	'
Intrinsic value of shares exercised	'	'	'	'	'	4	'	'
Common stock available for future issuance (in shares)	'	'	'	'	1,695,000	'	'	'
Assumptions used in estimating fair values of options granted [Abstract]	'	'	'	'	'	'	'	'
Expected volatility (in hundredths)	'	84.00%	'	'	'	'	'	'
Expected dividend yield (in hundredths)	'	0.00%	'	'	'	'	'	'
Weighted average risk-free interest rate (in hundredths)	'	1.05%	'	'	'	'	'	'
Expected life	'	'5 years 6 months	'	'	'	'	'	'
Forfeiture rate (in hundredths)	'	0.00%	'	'	'	'	'	'
Unrecognized stock compensation expense	54	'	'	'	'	'	'	'
Unrecognized stock compensation expense (in years)	'1 year	'	'	'	'	'	'	'
Number of Shares [Roll Forward]	'	'	'	'	'	'	'	'
Outstanding, Beginning balance (in shares)	905	'	'	'	'	'	'	'
Grants (in shares)	0	'	'	'	'	'	'	850,000
Exercised (in shares)	-7	'	'	'	'	-7,000	'	'
Forfeited, cancelled or expired (in shares)	0	'	'	'	'	'	'	'
Outstanding, Ending balance (in shares)	898	'	'	'	'	'	'	'
Exercisable (in shares)	583	'	'	'	'	'	'	'
Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'
Outstanding, Beginning balance (in dollars per share)	$0.28	'	'	'	'	'	'	'
Grants (in dollars per share)	$0	'	'	'	'	'	'	$0.26
Exercised (in dollars per share)	($0.54)	'	'	'	'	'	'	'
Forfeited, cancelled or expired (in dollars per share)	$0	'	'	'	'	'	'	'
Outstanding, Ending balance (in dollars per share)	$0.28	'	'	'	'	'	'	'
Exercisable (in dollars per share)	$0.27	'	'	'	'	'	'	'
Options, Additional Disclosures [Abstract]	'	'	'	'	'	'	'	'
Outstanding, Remaining Contractual Life (in years)	'9 years	'	'	'	'	'	'	'
Exercisable, Remaining Contractual Life (in years)	'9 years	'	'	'	'	'	'	'2 years
Outstanding, Aggregate Intrinsic Value	1,181	'	'	'	'	'	'	'
Exercisable, Aggregate Intrinsic Value	$770	'	'	'	'	'	'	'

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
(Expense) benefit from income taxes [Abstract]	'	'
Current	$0	$0
Deferred	-142	-380
Income tax (expense) benefit before adjustments	-142	-380
Less: Changes in valuation allowance	142	380
Total	0	0
Unrecognized tax benefits	$0	'

EARNINGS_LOSS_PER_SHARE_Detail

EARNINGS (LOSS) PER SHARE (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
EARNINGS (LOSS) PER SHARE [Abstract]	'	'
Shares excluded from calculation of diluted EPS (in shares)	2,518,673	850,000

SEVERANCE_AND_EXIT_COSTS_Detai

SEVERANCE AND EXIT COSTS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Remaining liability of severance and exit costs [Abstract]	'
Total Expenses	$0
Remaining Liability	42
Termination of Contracts and Leases [Member]	'
Remaining liability of severance and exit costs [Abstract]	'
Total Expenses	0
Remaining Liability	$42

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Summarized results of discontinued operations [Abstract]	'	'	'
Total net revenues	$0	$0	'
Total income (expenses)	325	279	'
Income from discontinued operations	325	279	'
Reclassification of translation adjustment related to liquidation of foreign subsidiary	0	344	'
ASSETS [Abstract]	'	'	'
Accounts receivable - net	1	'	1
Current assets of discontinued operations	1	'	1
LIABILITIES [Abstract]	'	'	'
Accounts payable and accrued expenses	293	'	618
Current liabilities of discontinued operations	$293	'	$618

LEGAL_PROCEEDINGS_Details

LEGAL PROCEEDINGS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
	Objector
Loss Contingencies [Line Items]	'
Percentage of voting interest supported for bankruptcy plan (in hundredths)	99.93%
Number of objectors for bankruptcy plan	1
Lehman Brothers, Inc. Claim [Member]	'
Gain Contingencies [Line Items]	'
Principal amount of claim	31,500
Payment in connection with general release of claims	489
Unsecured claim amount	3,653
Unsecured claim amount to third party	1,607
Home Focus Interest Purchase Agreement [Member]	'
Loss Contingencies [Line Items]	'
Damages sought in the litigation	1,075
Home Focus Interest Purchase Agreement [Member] | TCD International, Ltd [Member]	'
Loss Contingencies [Line Items]	'
Percentage of ownership interest (in hundredths)	25.00%
Initial capital contribution	250
Percentage of share of expenses to be contributed (in hundredths)	50.00%
Settlement agreement consideration	750
Offset amount of settlement agreement	250

NONCONTROLLING_INTEREST_Detail

NONCONTROLLING INTEREST (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Noncontrolling Interest [Line Items]	'	'
Pinwrest net loss before common units' noncontrolling interest	$187	$935
Loss attributable to noncontrolling interest	-165	-74
Proceeds from Partnership Contribution	150	643
4Licencing Corp [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Percentage of ownership (in hundredths)	70.00%	'
Pinwrest [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Pinwrest net loss before common units' noncontrolling interest	-549	'
Noncontrolling interest percentage (in hundredths)	30.00%	'
Loss attributable to noncontrolling interest	($165)	'

NONCONTROLLING_INTEREST_RELATE2

NONCONTROLLING INTEREST RELATED TO DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Noncontrolling interest's loss attributable to noncontrolling equity interest [Abstract]	'	'
Net income (loss) before common units noncontrolling interest	$325	$279
Income (loss) attributable to noncontrolling interest	-165	-74
TC Digital Games LLC [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Percentage of ownership in subsidiaries (in hundredths)	55.00%	'
TC Digital Games LLC [Member] | Discontinued Operations [Member]	'	'
Noncontrolling interest's loss attributable to noncontrolling equity interest [Abstract]	'	'
Net income (loss) before common units noncontrolling interest	0	0
Noncontrolling interest percentage (in hundredths)	45.00%	45.00%
Income (loss) attributable to noncontrolling interest	0	0
Loss in excess of noncontrolling interest absorbed	21,548	'
TC Websites LLC [Member] | Discontinued Operations [Member]	'	'
Noncontrolling interest's loss attributable to noncontrolling equity interest [Abstract]	'	'
Net income (loss) before common units noncontrolling interest	0	0
Noncontrolling interest percentage (in hundredths)	45.00%	45.00%
Income (loss) attributable to noncontrolling interest	0	0
Loss in excess of noncontrolling interest absorbed	$6,038	'
Number of managers entitled to be elected	2	'

SEGMENT_AND_RELATED_INFORMATIO2

SEGMENT AND RELATED INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	Segment
SEGMENT AND RELATED INFORMATION [Abstract]	'	'	'
Number of reportable segments	2	'	'
Segment Reporting Information [Line Items]	'	'	'
Net revenues from external customers	$148	$257	'
Reorganization items	-16	-51	'
Segment loss	-677	-1,288	'
Segment assets	4,846	'	3,568
Segment, Continuing Operations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Net revenues from external customers	148	257	'
Reorganization items	-16	-51	'
Segment loss	-677	-1,288	'
Segment assets	4,845	-7,700	'
Segment, Discontinued Operations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment assets	1	152	'
Entertainment and Brand Licensing [Member] | Segment, Continuing Operations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Net revenues from external customers	83	252	'
Reorganization items	-16	-51	'
Segment loss	-70	-988	'
Segment assets	-2,075	5,241	'
IsoBLOX(TM) and Sports Distribution/ Licensing [Member] | Segment, Continuing Operations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Net revenues from external customers	65	5	'
Reorganization items	0	0	'
Segment loss	-607	-300	'
Segment assets	$2,770	$2,459	'