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Significant Contracts
9 Months Ended
Sep. 30, 2014
Significant Contracts [Abstract]  
Significant Contracts [Text Block]
5.
Significant Contracts
 
QVC Agreements
 
In connection with the Company’s agreements with QVC, they are required to pay us fees based primarily on a percentage of its net sales of Isaac Mizrahi and Ripka branded merchandise. QVC royalty revenue represents a significant portion of the Company’s total revenues. Royalties from QVC totaled $4,049,000 and $1,992,000 for the Current Quarter and the Prior Year Quarter, respectively, representing 72% and 51% of the Company’s total revenues each quarter, respectively. Royalties from QVC totaled $10,654,000 and $5,976,000 for the Current Nine Months and the Prior Year Nine Months, respectively, representing 69% and 58% of the Company’s total revenues, respectively. As of September 30, 2014 and December 31, 2013, the Company had receivables from QVC of $3,839,000 and $2,060,000, representing 72% and 58% of the Company’s receivables, respectively. The December 31, 2013 QVC receivable includes $152,000 of earned revenue that had been accrued but not billed as of December 31, 2013.