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Equity Method Investments | 12 Months Ended
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Dec. 31, 2014
Equity Method Investments [Text Block] | Note 5 – Equity Method Investments Asset Liquidation Investments The table below details the summarized results of operations, for the years ended December 31, 2014 and 2013, attributable to HGI from the Joint Ventures in which it was invested during those years.
|  | 2014 |  |  | 2013 |
Gross revenues | $ | 2,177 |  | $ | 7,589 |
Gross profit | $ | 143 |  | $ | 1,200 |
Net income | $ | 143 |  | $ | 1,200 |
The table below details the summarized components of assets and liabilities, as at December 31, 2014 and 2013, attributable to HGI from the Joint Ventures in which it was invested at those dates.
|  | 2014 |  |  | 2013 |
Current assets | $ | 1,095 |  | $ | 1,415 |
Noncurrent assets | $ | — |  | $ | 87 |
Current liabilities | $ | 117 |  | $ | 122 |
Noncurrent liabilities | $ | — |  | $ | — |
Other Equity Method investments The Company’s other equity method investments as at December 31, 2014 and 2013 consisted of the following:
|  | 2014 |  |  | 2013 |
Knight’s Bridge GP | $ | 156 |  | $ | 19 |
Polaroid |  | — |  |  | 1,750 |
Total investments | $ | 156 |  | $ | 1,769 |
Knight’s Bridge Capital Partners Internet Fund No. 1 GP LLC In December 2007 the Company acquired a one-third interest in Knight’s Bridge Capital Partners Internet Fund No. 1 GP LLC (“Knight’s Bridge GP”), a private company, for a purchase price of $20. Knight’s Bridge GP is the general partner of Knight’s Bridge Capital Partners Internet Fund No. 1 LP (the “Fund”). The Fund holds investments in several public and non-public Internet-based e-commerce businesses. At December 31, 2014 the Company’s net investment included approximately $136 representing the Company’s proportionate share of profits related to the Fund’s fair value increase and projected exit from one its investments. The Company received a distribution of $140 in March 2015, representing the final determination of the Company’s share of the profits . Based on the Company’s analysis of Knight’s Bridge GP’s financial statements and projections as at December 31, 2014, the Company concluded that there has been no impairment in the carrying value of its investment. Polaroid In the second quarter of 2009, the Company invested approximately $2,620 to indirectly acquire an approximate 5% interest in Polaroid Corporation, pursuant to a Chapter 11 reorganization in a U.S. bankruptcy court, and invested a further $275 in the second quarter of 2010. The investment was made as part of a joint venture investor group that included both related and non-related parties. In the fourth quarter of 2014, the Company’s interest in Polaroid was acquired by an unrelated third party. The Company accounted for its investment in Polaroid using the equity method. Upon exiting the investment in December 2014, the Company recognized a gain on sale of $551. As of December 31, 2014 a total of $1,992 is included in accounts receivable in connection with the sale of this investment.

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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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