(CNN) -- Actor Gary Coleman, who had suffered from a brain hemorrhage from an accident in his home Wednesday, died Friday in a Utah hospital, a hospital spokeswoman said.
Family members and close friends were at his side when life support was terminated at 12:05 p.m. (2:05 p.m. ET), Janet Frank said.
Coleman's wife, Shannon Price, issued a short statement Friday afternoon saying details of how the former child actor died will be made public later.
"Now that Gary has passed, we know he will be missed because of all the love and support shown in the past couple of days," Coleman's spokesman, John Alcantar, said in a written statement. "Gary is now at peace and his memory will be kept in the hearts of those who were entertained by him throughout the years."
Coleman, 42, was rushed by ambulance to a hospital after the accident in his Santaquin, Utah, home Wednesday, Frank had said in a statement released earlier Friday.
Later Wednesday night he was taken to another hospital -- Utah Valley Regional Medical Center in Provo -- where he had been listed in critical condition, she said.
While Coleman appeared "lucid and conscious" Thursday morning, his condition worsened by the afternoon, leaving him unconscious and on life support, she said.
Coleman is best known as the wisecracking youngster Arnold on TV's "Diff'rent Strokes" from the late 1970s to the mid-1980s.
"There was a touch of magic and a different stroke in Gary Coleman," said TV legend Norman Lear, who produced the show. "He was the inspiration behind his show's title."