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Asset Liquidation Investments and Investments
 6 Months Ended
Jun. 30, 2014
Asset Liquidation Investments and Investments [Text Block]

Note 7 – Asset Liquidation Investments and Other Investments

      Summarized financial information – Equity accounted asset liquidation investments

     The table below details the summarized results of operations attributable to HGI from the Joint Ventures in which it was invested:

    Six months ended  
    June 30,  
    2014     2013  
             

Gross revenues

 $ 10   $ 2,266  

 

            

Gross profit (loss)

 $ (12 ) $ 775  

 

            

Income (loss) from continuing operations

 $ (12 ) $ 809  

 

            

Net income (loss)

 $ (12 ) $ 809  

      Other investments

     The Company’s other investments as of June 30, 2014 and December 31, 2013 consisted of the following:

    June 30 ,     December 31 ,  
    2014     2013  

 

            

Knight’s Bridge Capital Partners Internet Fund No. 1 GP LLC

 $ 19   $ 19  

Polaroid Corporation ("P olaroid")

  1,379     1,750  

 

            

Total investments

 $ 1,398   $ 1,769  

     The Company accounts for its investments under the equity method.

     The components of the Company’s investment in Polaroid at June 30, 2014 and December 31, 2013 are detailed below:

As at June 30, 2014

    Capital     Equity in     Capital     Net  
Unit type   invested     earnings     returned     investment  
Class A $ 2,492   $ 237   $ (1,633 ) $ 1,096  
Class D   628     55     (400 )   283  
Total $ 3,120   $ 292   $ (2,033 ) $ 1,379  

As at December 31, 2013

    Capital     Equity in     Capital     Net  
Unit type   invested     earnings     returned     investment  
Class A $ 2,492   $ 209   $ (1,300 ) $ 1,401  
Class D   617     50     (318 )   349  
Total $ 3,109   $ 259   $ (1,618 ) $ 1,750