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Note 17 - Related Party Transaction
9 Months Ended
Sep. 28, 2014
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

17.  Related Party Transaction


In March 2013, Lakes transferred to Lyle Berman, Lakes' Chairman of the Board and Chief Executive Officer, a $250,000 secured note from an unrelated third party company in exchange for a cash payment of $150,000 from Mr. Berman. The secured note was in default and related to a fiscal 2012 potential business development opportunity that Lakes decided not to pursue. The note receivable was written down to $150,000 in fiscal 2012.