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Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2016
Related Party Transactions [Abstract]  
Summary of Royalty Revenue Recognized

During the Current Quarter and the Prior Year Quarter, the Company incurred less than $0.1 million per year in consulting fees in connection with a consulting arrangement entered into with Mark Friedman, a member of the Company’s Board of Directors, relating to the provision by Mr. Friedman of investor relations services.  Such consulting agreement was terminated on May 3, 2016.

The Company has entered into certain license agreements in which the core licensee is also one of our joint venture partners.  For the Current Quarter and Prior Year Quarter, the Company recognized the following royalty revenue amounts:

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015 (restated)

 

Joint Venture Partner

 

 

 

 

 

 

 

 

Global Brands Group Asia Limited (1)

 

$

815

 

 

$

1,383

 

Buffalo International ULC

 

 

3,438

 

 

 

2,817

 

Rise Partners, LLC / Top On International Group Limited

 

 

496

 

 

 

2,422

 

M.G.S. Sports Trading Limited

 

 

141

 

 

 

122

 

Pac Brands USA, Inc.

 

 

140

 

 

 

216

 

NGO, LLC

 

 

300

 

 

 

202

 

Albion Equity Partners LLC / GL Damek

 

 

412

 

 

 

671

 

Anthony L&S

 

 

 

 

 

364

 

Roc Nation

 

 

 

 

 

100

 

 

 

$

5,742

 

 

$

8,297

 

(1)

Global Brands Group Asia Limited also serves as agent to Peanuts Worldwide for the Greater China Territory for Peanuts brands.  For the Current Quarter and Prior Year Quarter, Global Brands Group Asia Limited earned fees of approximately $0.7 million and $0.8 million, respectively, in its capacity as agent to Peanuts Worldwide.