Carve-Out Assumptions And Allocations
 12 Months Ended
Dec. 31, 2012
Carve-Out Assumptions And Allocations

NOTE 3 – CARVE-OUT ASSUMPTIONS AND ALLOCATIONS

The expenses of Walker Licensing for the years ended December 31, 2012 and 2011, including executive compensation, have been allocated by management of Walker Digital between Walker Licensing and Walker Digital, based either on specific attribution of those expenses or, where necessary and appropriate, based on management’s best estimate of an appropriate proportional allocation.

The following expenses included in the accounting records of Walker Licensing have been attributed by management of Walker Digital to the operations being retained by Walker Licensing and accordingly have been excluded from the results of operations of Walker Digital (dollars in thousands):

 

     Year Ended      Year Ended  
     December 31,      December 31,  
     2012      2011  

General and Administrative Expenses:

      

Rent and utilities

    $ 118       $ 100   

Insurance

      5         3   

Telephone

      10         9   

Office services and supplies

      25         30   

Other

      10         14   
  

 

 

     

 

 

  

Total General and Administrative Expenses

    $ 168       $ 156