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Segment Reporting | 3 Months Ended
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Mar. 31, 2013
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Note 12 – Segment Reporting From 2005 until the second quarter of 2009, the Company operated in a single business segment, Patent Licensing. With the commencement of Counsel RB’s operations in the second quarter of 2009, the Company diversified into a second segment, Asset Liquidation. For the year ending December 31, 2012, only the Asset Liquidation segment had revenues and assets sufficiently significant to require separate reporting. In the first quarter of 2013, the Company entered into a settlement and license agreement with respect to its patents, and therefore was required to separately report Patent Licensing segment information. There are no material inter-segment revenues or expenses. To date the Company’s business has been conducted principally in North America, but the establishment of offices in Europe in the third quarter of 2012 will result in more international operations in future periods. To date these operations have not been sufficiently significant to require reporting as a separate segment. The table below presents information about the Company’s segments as of and for the three months ended March 31, 2013 and 2012:
|  | For the three months ended March 31, 2013 |
|  | Asset Liquidation |  |  | Patent Licensing |  |  | Total |
Revenues from external customers |  | $ | 1,392 |  |  | $ | 200 |  |  | $ | 1,592 |
Earnings from equity accounted asset liquidation investments |  |  | 802 |  |  |  | — |  |  |  | 802 |
Other income |  |  | — |  |  |  | — |  |  |  | — |
Interest expense |  |  | 95 |  |  |  | — |  |  |  | 95 |
Depreciation and amortization |  |  | 121 |  |  |  | — |  |  |  | 121 |
Segment income (loss) |  |  | (587 | ) |  |  | 50 |  |  |  | (537 | )
Investment in equity accounted asset liquidation investees |  |  | 2,901 |  |  |  | — |  |  |  | 2,901 |
Segment assets |  |  | 20,297 |  |  |  | 228 |  |  |  | 20,525 |
|  | For the three months ended March 31, 2012 |
|  | Asset Liquidation |  |  | Patent Licensing |  |  | Total |
Revenues from external customers |  | $ | 3,034 |  |  | $ | — |  |  | $ | 3,034 |
Earnings from equity accounted asset liquidation investments |  |  | 1,069 |  |  |  | — |  |  |  | 1,069 |
Other income |  |  | 10 |  |  |  | — |  |  |  | 10 |
Interest expense |  |  | 56 |  |  |  | — |  |  |  | 56 |
Depreciation and amortization |  |  | 3 |  |  |  | — |  |  |  | 3 |
Segment income (loss) |  |  | 1,225 |  |  |  | (26 | ) |  |  | 1,199 |
Investment in equity accounted asset liquidation investees |  |  | 1,032 |  |  |  | — |  |  |  | 1,032 |
Segment assets |  |  | 19,401 |  |  |  | 28 |  |  |  | 19,429 |
The following table reconciles reportable segment information to the unaudited condensed consolidated interim financial statements of the Company:
|  | Three months ended March 31, 2013 |  |  | Three months ended March 31, 2012 |
Total other income for reportable segments |  | $ | — |  |  | $ | 10 |
Unallocated other income (expense) |  |  | — |  |  |  | — |
Total other income |  | $ | — |  |  | $ | 10 |
Total interest expense for reportable segments |  | $ | 95 |  |  | $ | 56 |
Unallocated interest expense from related party debt |  |  | — |  |  |  | 3 |
|  | $ | 95 |  |  | $ | 59 |
Total depreciation and amortization for reportable segments |  | $ | 121 |  |  | $ | 3 |
Other unallocated depreciation from corporate assets |  |  | — |  |  |  | — |
|  | $ | 121 |  |  | $ | 3 |
Total segment income (loss) |  | $ | (537 | ) |  | $ | 1,199 |
Other income (expense) and earnings (loss) of other equity accounted investments |  |  | — |  |  |  | (47 | )
Other corporate expenses (primarily corporate level interest, general and administrative expenses) |  |  | (463 | ) |  |  | (449 | )
Income tax expense (recovery) |  |  | (353 | ) |  |  | 313 |
Net income (loss) from continuing operations |  | $ | (647 | ) |  | $ | 390 |
Segment assets |  | $ | 20,525 |  |  | $ | 19,429 |
Other assets not allocated to segments(1) |  |  | 34,602 |  |  |  | 35,350 |
Total assets |  | $ | 55,127 |  |  | $ | 54,779 |
| (1) | Other assets not allocated to segments are corporate assets such as cash, non-trade accounts receivable, prepaid insurance, investments and deferred income tax assets.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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