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Related Party Transactions
12 Months Ended
Apr. 30, 2013
Related Party Transactions
20. RELATED PARTY TRANSACTIONS

Services

During fiscal years ended April 30, 2013, 2012 and 2011, we retained the services of a related party, a company wholly owned by John Casella, our Chairman and Chief Executive Officer, and Douglas Casella, a member of our Board of Directors, as a contractor in developing or closing certain landfills owned by us. Total purchased services charged to operations or capitalized to landfills for the fiscal years ended April 30, 2013, 2012 and 2011 were $6,577, $2,612 and $6,067, respectively, of which $1,189 and $45 were outstanding and included in either accounts payable or other current liabilities at April 30, 2013 and 2012, respectively.

Leases

In fiscal year 1994, we entered into two leases for operating facilities with a partnership of which John Casella, our Chairman and Chief Executive Officer, and Douglas Casella, a member of our Board of Directors are the general partners. The leases have since been extended and according to the terms of the agreements called for monthly payments of approximately $25. These leases expired in April 2013, and were subsequently extended on May 1, 2013 for five years. Total expense charged to operations for fiscal years ended April 30, 2013, 2012 and 2011 under these agreements was $286, $300 and $311, respectively.

Landfill Post-closure

We have agreed to pay the cost of post-closure on a landfill owned by two of our major stockholders and members of the Board of Directors (one of whom is also an officer). We paid the cost of closing this landfill in 1992, and the post-closure maintenance obligations are expected to last until 2024. In the fiscal years ended April 30, 2013, 2012 and 2011, we paid $8, $8 and $8 respectively, pursuant to this agreement. As of April 30, 2013 and 2012, we have accrued $100 and $84, respectively, for costs associated with its post-closure obligations.

Employee Loan

As of April 30, 2013 and 2012, we have a recourse loan to an employee outstanding, which is included in Notes receivable – related party in the accompanying consolidated balance sheet, in the amount of $147 and $144, respectively. The principal and interest on this note is payable upon demand by us. Interest which has been fully accrued for as of April 30, 2013 is at the Wall Street Journal Prime Rate (3.25% at April 30, 2013)