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DECONSOLIDATION OF SUBSIDIARY | 3 Months Ended
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Mar. 31, 2014
DECONSOLIDATION OF SUBSIDIARY [ABSTRACT] |
DECONSOLIDATION OF SUBSIDIARY | (16) DECONSOLIDATION OF SUBSIDIARY During the second quarter of 2013, the Company concluded that it no longer had controlling influence over Peppers & Rogers Gulf WLL (“PRG Kuwait”), a once consolidated subsidiary in the CSS segment, because the Company was no longer confident that it could exercise its beneficial ownership rights. Upon deconsolidation of PRG Kuwait, the Company wrote off all PRG Kuwait assets and liabilities resulting in a loss of $3.7 million which was recorded during the second quarter of 2013. During the first quarter of 2014, the Company entered into an agreement with PRG Kuwait's other shareholders to sell its 48% interest in the c ompany for $175 thousand, payable at closing which is expected during the second quarter of 2014.

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- Definition Disclosure related to the deconsolidation of a subsidiary and the associated activity since the deconsolidation. + References No definition available. + Details
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