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Other Assets- Current and Long-Term
9 Months Ended
Sep. 30, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Other Assets- Current and Long -Term

15. Other Assets- Current and Long-Term

Other Assets - Current

 

 

 

September 30,

2017

 

 

December 31,

2016

 

Other assets- current consisted of the following:

 

 

 

 

 

 

 

 

Notes receivables on sale of trademarks (1)

 

$

3,247

 

 

$

3,202

 

Note receivable in connection with Strawberry Shortcake

   acquisition(2)

 

 

 

 

 

1,240

 

Note receivable in connection with acquisition of interest

   in Buffalo brand

 

 

2,515

 

 

 

2,515

 

Due from DHX Media, Ltd.(3)

 

 

4,960

 

 

 

 

Prepaid advertising

 

 

3,275

 

 

 

3,322

 

Prepaid expenses

 

 

2,782

 

 

 

877

 

Deferred charges

 

 

193

 

 

 

193

 

Prepaid taxes

 

 

1,231

 

 

 

15,136

 

Prepaid insurance

 

 

348

 

 

 

18

 

Due from related parties

 

 

3,867

 

 

 

3,600

 

Other current assets

 

 

811

 

 

 

1,573

 

Other current assets

 

$

23,229

 

 

$

31,676

 

 

(1)

Certain amounts due from our joint venture partners are presented net of redeemable non-controlling interest and non-controlling interest in the condensed consolidated balance sheet.  Refer to Note 4 for further details.

(2)

The Note receivable in connection with Strawberry Shortcake acquisition represented amounts due from American Greetings Corporation (“AG”) in respect of non-compete payments pursuant to a License Agreement entered into with AG simultaneously with the closing of the transaction.  This Note receivable was fully paid in February 2017.

(3)

This amount represents the remaining amount due from DHX as a result of the working capital adjustment associated with the sale of the Entertainment segment of $2.7 million as well as amounts reimbursable to the Company of $2.2 million associated with the transitional service agreement between DHX and the Company and other payroll, infrastructure and IT expenses which were incurred by the Company subsequent to the completion of the sale of the Entertainment segment on June 30, 2017.  Refer to Note 2 for further details.

 

Other Assets – Long Term

 

 

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Other noncurrent assets consisted of the following:

 

 

 

 

 

 

 

 

Notes receivable on sale of trademarks (1)

 

 

1,755

 

 

 

1,677

 

Prepaid Interest

 

 

5,690

 

 

 

8,061

 

Deposits

 

 

616

 

 

 

613

 

Other noncurrent assets

 

 

118

 

 

 

368

 

Other noncurrent assets

 

$

8,179

 

 

$

10,719

 

 

(1)

Certain amounts due from our joint venture partners are presented net of redeemable non-controlling interest and non-controlling interest in the condensed consolidated balance sheet.  Refer to Note 4 for further details.