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Equity Method Investments (Tables)
6 Months Ended
Jun. 30, 2013
Equity Method Investments and Joint Ventures [Abstract]  
Condensed Financial Information of Non-Consolidated Equity Method Investment
Condensed financial information related to the Company’s non-consolidated equity method investment in ICP is shown below.
 
 
Quarter Ended
 
Year to Date Ended
 
 
June 30,
2013
 
June 30,
2012
 
June 30,
2013
 
June 30,
2012
ICP’s Operating results:
 
 
 
 
 
 
 
 
Net sales (a)
 
$
61,377

 
$
58,938

 
$
94,227

 
$
116,991

Cost of sales and expenses (b)
 
(61,034
)
 
(59,307
)
 
(97,114
)
 
(116,232
)
Net income (loss)
 
$
343

 
$
(369
)
 
$
(2,887
)
 
$
759


(a)
Includes related party sales to MGPI of $741 and $14,638 for the quarters ended June 30, 2013 and 2012, respectively, and $3,400 and $30,633 for the year to date periods ended June 30, 2013 and 2012, respectively.
(b)
Includes depreciation and amortization of $1,170 and $1,259 for the quarters ended June 30, 2013 and 2012, respectively and $2,340 and $2,519 for the year to date periods ended June 30, 2013 and 2012, respectively.
Schedule of Condensed Balance Sheet
 
 
June 30,
2013
 
December 31,
2012
ICP’s Balance Sheet:
 
 
 
 
Current assets
 
$
25,937

 
$
19,972

Noncurrent assets
 
17,733

 
19,856

Total assets
 
$
43,670

 
$
39,828

 
 
 
 
 
 
 
 
 
 
Current liabilities
 
$
23,351

 
$
16,631

Noncurrent liabilities
 
212

 
203

Equity
 
20,107

 
22,994

Total liabilities and equity
 
$
43,670

 
$
39,828

The Company's Equity in Earnings (Loss) of Joint Ventures
The Company’s equity in earnings (loss) is as follows:
 
 
Quarter Ended
 
Year to Date Ended
 
 
June 30,
2013
 
June 30,
2012
 
June 30,
2013
 
June 30,
2012
ICP (30% interest) (a)
 
$
62

 
$
(110
)
 
$
(907
)
 
$
363

DMI (50% interest)
 
9

 
(33
)
 
36

 
(69
)
 
 
$
71

 
$
(143
)
 
$
(871
)
 
$
294


(a)
The Company’s ownership percentage of ICP was 50 percent through February 1, 2012, when the Company sold 20 percent of its investment.  From February 2, 2012 through June 30, 2013, the Company’s ownership percentage in ICP was 30 percent. From April 1, 2013 through June 30, 2013, the Company's allocation of net income (loss) was 12 percent, as previously discussed.

Schedule of Equity Method Investments
The Company’s investment in joint ventures is as follows:


June 30,
2013

December 31,
2012
ICP (30% interest)

$
5,991


$
6,898

DMI (50% interest)

433


403



$
6,424


$
7,301