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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2016
Related Party Transactions [Abstract]  
Summary of Royalty Revenue Recognized

During each of the Current Quarter, Current Six Months, Prior Year Quarter and Prior Year Six Months, 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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Joint Venture Partner

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Brands Group Asia Limited (1)

 

$

904

 

 

$

1,241

 

 

$

1,718

 

 

$

2,623

 

Buffalo International ULC

 

 

3,820

 

 

 

2,007

 

 

 

7,258

 

 

 

4,823

 

Rise Partners, LLC / Top On International Group Limited

 

 

4

 

 

 

2,021

 

 

 

500

 

 

 

4,443

 

M.G.S. Sports Trading Limited

 

 

156

 

 

 

154

 

 

 

297

 

 

 

276

 

Pac Brands USA, Inc.

 

 

83

 

 

 

95

 

 

 

223

 

 

 

311

 

NGO, LLC

 

 

294

 

 

 

202

 

 

 

594

 

 

 

404

 

Albion Equity Partners LLC / GL Damek

 

 

433

 

 

 

656

 

 

 

846

 

 

 

1,327

 

Anthony L&S

 

 

 

 

 

545

 

 

 

 

 

 

909

 

Roc Nation

 

 

 

 

 

100

 

 

 

 

 

 

200

 

 

 

$

5,694

 

 

$

7,021

 

 

$

11,436

 

 

$

15,316

 

(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.  For the Current Six Months and Prior Year Six Months, Global Brands Group Asia limited earned fees of approximately $1.5 million and $1.6 million, respectively, in its capacity as agent to Peanuts Worldwide.