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Asset Liquidation Investments and Investments | 9 Months Ended
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Sep. 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:
|  | Nine months ended |
|  | September 30, |
|  | 2014 |  |  | 2013 |
Gross revenues | $ | 46 |  | $ | 5,056 |
Gross profit (loss) | $ | (53 | ) | $ | 907 |
Income (loss) from continuing operations | $ | (53 | ) | $ | 1,265 |
Net income (loss) | $ | (53 | ) | $ | 1,265 |
Other investments The Company’s other investments as of September 30, 2014 and December 31, 2013 consisted of the following:
|  | September 30 , |  |  | December 31, |
|  | 2014 |  |  | 2013 |
Knight’s Bridge Capital Partners Internet Fund No. 1 GP LLC | $ | 107 |  | $ | 19 |
Polaroid Corporation (“Polaroid”) |  | 1,393 |  |  | 1,750 |
Total investments | $ | 1,500 |  | $ | 1,769 |
The Company accounts for its investments under the equity method. The components of the Company’s investment in Polaroid at September 30, 2014 and December 31, 2013 are detailed below: As at September 30, 2014
|  | Capital |  |  | Equity in |  |  | Capital |  |  | Net |
Unit type |  | invested |  |  | earnings |  |  | returned |  |  | investment |
Class A | $ | 2,492 |  | $ | 269 |  | $ | (1,660 | ) | $ | 1,101 |
Class D |  | 628 |  |  | 64 |  |  | (400 | ) |  | 292 |
Total | $ | 3,120 |  | $ | 333 |  | $ | (2,060 | ) | $ | 1,393 |
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 |

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32787-111569 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32847-111569 + Details
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