General form of registration statement for all companies including face-amount certificate companies

Noncontrolling interests

Noncontrolling interests

9 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Noncontrolling Interest [Abstract]

Noncontrolling interests

Note 6 – Noncontrolling interests

Shares of restricted common stock issued under Ilios's equity compensation plan, but which have not yet vested, have not been included in calculating the percentages in this Note 6.

As of December 31, 2010 Tecogen owned 63.0% of Ilios. During the year ended December 31, 2011 Tecogen purchased 1,500,000 shares of Ilios common stock at $0.50 per share for an aggregate amount of $750,000 which increased Tecogen's ownership interest to 67.4%.

During the year ended December 31, 2012 Ilios sold 1,000,000 shares of common stock to an accredited investor at $0.50 per share for an aggregate amount of $500,000. Also during the year ended December 31, 2012, Tecogen purchased 1,000,000 shares of Ilios common stock at $0.50 per share for an aggregate amount of $500,000. The net result decreased Tecogen’s ownership interest to 65.0%.

The table below presents the changes in equity resulting from net loss attributable to Tecogen and transfers to or from noncontrolling interests for the nine months ended September 30, 2013 and 2012.

Net loss attributable to Tecogen Inc. and

Transfers (to) from the Noncontrolling Interest

Nine Months Ended September 30,

	2013		2012
Net loss attributable to Tecogen Inc.	$	(3,338,552)	$	(1,509,891)
Transfers (to) from the noncontrolling interest
Increase in Tecogen's paid-in capital upon the sale of 1,000,000 Ilios common shares		—		289,605

Net transfers to noncontrolling interest		—		289,605
Change from net loss attributable to Tecogen Inc. and transfers to noncontrolling interest	$	(3,338,552)	$	(1,220,286)

Note 11 — Noncontrolling interests

As of December 31, 2010, Tecogen owned 63.0% of Ilios. During the year ended December 31, 2011, Tecogen purchased 1.5 million shares of Ilios common stock at $0.50 per share for an aggregate amount of $750,000, which increased Tecogen’s ownership interest to 67.4%.

During the year ended December 31, 2012, Ilios sold 1 million shares of common stock to an accredited investor at $0.50 per share for an aggregate amount of $500,000. Also during the year ended December 31, 2012, Tecogen purchased 1 million shares of Ilios common stock at $0.50 per share for an aggregate amount of $500,000. The net result decreased Tecogen’s ownership interest to 65.0%. The table below presents the changes in equity resulting from net loss attributable to Tecogen and transfers to or from noncontrolling interests for the years ended December 31, 2012, 2011, and 2010.

Net loss attributable to Tecogen Inc. and
Transfers (to) from the Noncontrolling Interest
Years ended December 31,

	2012		2011		2010
Net loss attributable to Tecogen Inc.	$	(1,636,957)	$	(1,574,501)	$	(355,308)
Transfers (to) from the noncontrolling interest
Decrease in Tecogen’s paid-in capital for purchase of 1,000,000 and 1,500,000 Ilios common shares in 2012 and 2011, respectively		(174,958)		(261,174)
Increase in Tecogen’s paid-in capital upon the sale of 1,000,000 Ilios common shares		289,606
Net transfers to noncontrolling interest		114,648		(261,174)		—
Change from net loss attributable to Tecogen Inc. and transfers to noncontrolling interest	$	(1,522,309)	$	(1,835,675)	$	(355,308)

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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