XML 47 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
DISTRIBUTION AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2012
DISTRIBUTION AGREEMENTS [Abstract]  
Schedule of Distribution Agreements
Distribution agreements as of December 31, 2012 and 2011 are presented below (in thousands):
 
   
2012
   
2011
 
             
Better World Products-related party
 
$
2,160
   
 $
2,160
 
Jonway Products
   
14,400
     
14,400
 
     
16,560
     
16,560
 
                 
Less amortization
   
(5,281)
     
(3,121)
 
   
$
11,279
   
 $
13,439
 
  
Schedule of Estimated Future Amortization Expense Related to Agreements
Amortization expense related to these distribution agreements for the years ended December 2012 and 2011 was $2,160,000 and $2,160,000 respectively.  Amortization is based over the term of the agreements. The estimated future amortization expense, as follows (in millions):

 
Year ended December 31,
     
2013
 
 $
1,440
 
2014
   
1,440
 
2015
   
1,440
 
2016
   
1,440
 
2017
   
1,440
 
Thereafter
   
4,079
 
Total
 
$
11,279