Frascati Shops, Inc and Tower, LLC Acquisition (Tables)

9 Months Ended

Sep. 30, 2012

Frascati Shops, Inc and Tower, LLC Acquisition [Abstract]

Schedule of summary of amounts recognized for assets acquired and liabilities assumed

The following is a tabular summary of the amounts recognized for assets acquired and liabilities assumed as of the acquisition date:

Description	Amount Recognized as of Acquisition Date (Dollars in Thousands)
Working Capital including Cash Acquired	$	18
Inventory		231
Property, Plant, & Equipment		3,411
Identifiable Intangible Assets		490
Total Assets Acquired	$	4,150
Miscellaneous Accounts Payable	$	(383	)
Long-term Debt		(3,490	)
Deferred Tax Liability		(400	)
Total Liabilities Assumed	$	(4,273	)
Net Liabilities Assumed	$	(123	)
Total Consideration Transferred	$	(623	)
Goodwill*	$	746

*Goodwill is the sum of the consideration transferred and the net liabilities assumed and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized.  Our above-described goodwill will not be amortized nor do we expect it to be deductible for tax purposes.  Specifically, the goodwill recorded as part of the acquisition of FSI and Tower includes the following: