FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of indefinite lived intangible assets recorded at fair value on a nonrecurring basis

The following table presents information about the Company's indefinite lived intangible assets recorded at fair value on a nonrecurring basis (in thousands):



	Fair Value Measurements
	at December 31, 2013 Using
Description	Total		Level 1	Level 2	Level 3	Total Impairment
Edelman Leather tradename (1)	$	17,150	—	—	17,150	$	8,900

(1) The Company estimated the fair value of our indefinite-life intangible asset using the relief-from-royalty method under the income approach. The Company used a royalty rate of 5% based on comparable market rates, and used a discount rate of 12.7%.

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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