XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

RELATED PARTY TRANSACTIONS | 9 Months Ended
--- | ---
Sep. 30, 2017
RELATED PARTY TRANSACTIONS [Abstract] |
RELATED PARTY TRANSACTIONS | NOTE 17 – RELATED PARTY TRANSACTIONS The Company provides services on a contractual agreement to St. Gabriel CC Company, LLC. These services include accounting, information technology, quality control, and purchasing services, as well as operation of the St. Gabriel CC Company, LLC plant. The Company also sells raw materials to St. Gabriel CC Company, LLC. In return, St. Gabriel CC Company, LLC provides choline chloride finished goods. The services the Company provided amounted to $846 and $859, respectively, for the three months ended September 30, 2017 and 2016, and $2,568 and $859, respectively for the nine months ended September 30, 2017 and 2016. The raw materials sold amounted to $5,976 and $3,735, repectively, for the three months ended September 30, 2017 and 2016, and $15,858 and $3,735, respectively, for the nine months ended September 30, 2017 and 2016. These services and raw materials are primarily recorded in cost of goods sold net of the finished goods received from St. Gabriel CC Company, LLC of $5,090 and $4,064, respectively, for the three months ended September 30, 2017 and 2016 and $14,272 and $4,064, repectively, for the nine months ended September 30, 2017. At September 30, 2017, the Company had a receivable of $2,449, recorded in accounts receivable from St. Gabriel CC Company, LLC for services rendered and raw materials sold and a payable of $1,887 for finished goods received recorded in accrued expenses. In addition, the Company had a payable in the amount of $306 related to non-contractual monies owed to St. Gabriel CC Company, LLC, recorded in accrued expenses.

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration