XML 145 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9
Related Party Transactions
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Prior to his retirement as of December 31, 2014, a member of the Company’s Board of Directors, Gerald S. Lippes, was a partner in a law firm that provided legal services to the Company. At December 31, 2014 and 2013, the Company had $374,000 and $296,000 recorded in accounts payable for amounts due to this law firm, respectively. For the years ended December 31, the Company incurred the following costs for legal services from this firm, including services provided in connection with the sale of businesses and recognized as a component of discontinued operations as well as deferred debt issuance costs (in thousands):
 
2014
 
2013
 
2012
Selling, general, and administrative expense
$
1,357

 
$
1,763

 
$
1,511

Discontinued operations
—

 
—

 
12

Capitalized as deferred financing costs
—

 
223

 
—

Total related-party legal costs
$
1,357

 
$
1,986

 
$
1,523


Effective September 30, 2013, Henning N. Kornbrekke, the former President and Chief Operating Officer, retired and entered into a consulting agreement with the Company. Through this agreement, he served as a consultant to the Company through December 2014 for a monetary fee of $10,000 per month.