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Related Party Transactions
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions

18. Related Party Transactions

As the Company has done in prior years, the Company reimburses its Executive Chairman for business-related travel services he provides for himself and other Company employees with the use of his own airplane. In 2014, 2013 and 2012, the Company expensed approximately $1.8 million, $2.7 million and $4.2 million, respectively, for such business-related travel expenses. In the second quarter of 2013, the Company paid a $1.5 million fee in connection with the modification of the agreement for the business usage of the airplane that limits reimbursements to $2.5 million per year.

 

During 2014 and 2013, the Company entered into a number of contracts with HUYA, primarily in Asia, in which the Company will provide up to approximately $416,000 and $19.2 million, respectively, of services on a fee for services basis at arm’s length and at market rates. In 2014 and 2013, the Company provided approximately $2.3 million and $772,000, respectively, of services under these agreements.

During 2014, HUYA subleased office space in Japan from the Company. The nine month sublease ended in September 2014 and the Company recognized $76,000 in sublease income during 2014.

The Company has entered into other transactions with related parties including the funding of research and development costs for HUYA which is discussed in Note 1; investments in and advances to unconsolidated affiliates which are discussed in Note 4; and management fees which are discussed in Note 13.