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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Schedule of Business Acquisitions, Consideration Paid
The table below details the consideration paid to acquire the controlling interest in CoSine:
 
 
 
 
Fair Value of Consideration Paid
Previously held common equity of CoSine
 
4,779,721

 
 
Fair Value Per Share (a)
 
$
2.51

 
$
12,011

 
 
 
 
 
Shares of API transferred to CoSine
 
24,807,203

 
 
Fair Value Per Share (b)
 
$
0.92

 
22,823

 
 
 
 
 
Shares of Nathan's transferred to CoSine
 
445,456

 
 
Fair Value Per Share (c)
 
$
70.50

 
31,405

 
 
 
 
$
66,239

(a) Based on comparable company trading multiples and discounted cash flow analysis.
(b) Represents the Offer price of 60 pence at the U.S. dollar to GBP exchange rate on the CoSine Acquisition Date.
(c) Determined by analysis of other publicly traded companies.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimates of the fair values of the assets acquired and liabilities assumed as of the CoSine Acquisition Date as well as the fair value of the noncontrolling interest in CoSine:
 
 
Amount
 Assets:
 
 
 Cash
 
$
17,614

 Prepaid expenses and other current assets
 
7

 Investments
 
54,228

 Goodwill
 
8,295

 Total assets acquired
 
80,144

 Liabilities:
 
 
Accounts payable
 
280

 Other accrued Liabilities
 
783

 Total liabilities assumed
 
1,063

 Fair value of noncontrolling interest
 
12,842

 Net assets acquired
 
$
66,239