Acquisitions (Details Textual) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Noncontrolling Interest, Ownership Percentage by Parent | 100.00% | ||
Business Acquisition, Pro Forma Net Income (Loss) | $ 286 | ||
Business Acquisition, Pro Forma Revenue | 3,669 | ||
Other Payments to Acquire Businesses | 637 | ||
Business Acquisition Purchase Price Allocation Accounts Receivable | 3,364 | ||
Business Acquisition Purchase Price Allocation Accounts Payable And Accrued Liabilities | 1,517 | ||
Aggregate Year to Date Acquisitions [Member]
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Significant Acquisitions and Disposals, Description | During 2012, the Company completed a number of transactions. Effective March 28, 2012, MDC invested in Doner Partners LLC (Doner). The Company acquired a 30% voting interest and a convertible preferred interest that allows the Company to increase its ordinary voting ownership to 70% at MDCs option, at no additional cost to the Company. Doner is a full service integrated creative agency. In addition, the Company acquired a 70% interest in TargetCast LLC (TargetCast). TargetCast is a full service media agency that expands our media strategy and activation offerings. The Company acquired a 51% interest in Dotbox LLC (Dotbox), and subsequently acquired the remaining 49% of the equity interests in Dotbox. | During 2011, the Company completed a number of acquisitions. The Company, through a wholly-owned subsidiary, acquired substantially all of the assets of RJ Palmer LLC and a 75% interest in Trade X Partners LLC (Trade X). These acquisitions expand the Companys portfolio with another full service media buying agency as well as provide corporate bartering services to clients and are included in the Performance Marketing Services segment. The Company also entered into a transaction through its subsidiary Kwittken PR LLC (Kwittken) which acquired 100% of Epoch PR Limited. Epoch is a communications and PR agency and expands Kwittkens capabilities to London and is included in the Strategic Marketing Services segment. The Company also acquired a 51% interest in AIC Publishing Services LP (AIC). The Company, through a wholly-owned subsidiary, purchased a 70% interest in Concentric Partners, LLC (Concentric) and a 65% interest in Laird + Partners, New York LLC (Laird). The Concentric acquisition serves as the foundation of the Companys healthcare platform. The Laird acquisition increases the Companys positioning in the luxury goods and retail marketplace. Concentric and Laird are now included in the Companys Strategic Marketing Services segment. The Company, through a wholly-owned subsidiary, purchased 60% of the total outstanding membership interests in Anomaly Partners, LLC (Anomaly). This acquisition expands the Companys portfolio with another creatively driven agency brand with an international presence. | |
Business Acquisition, Cost of Acquired Entity, Purchase Price | 38,202 | 99,299 | 107,575 |
Business Acquisition, Cost of Acquired Entity, Cash Paid | 12,000 | 23,471 | 44,953 |
Business Acquisition, Deferred Acquisition Consideration | 26,202 | 67,812 | 62,622 |
Business Acquisition, Working Capital Payments | 8,016 | 2,426 | |
Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets | 10,835 | 31,968 | 13,639 |
Business Acquisition, Purchase Price Allocation, Goodwill Amount | 35,956 | 113,404 | 85,463 |
Redeemable Noncontrolling Interest, Equity, Carrying Amount | 11,090 | 18,501 | 14,172 |
Business Acquisition Purchase Price Allocation Intangibles and Goodwill Expected Tax Deductible Amount | 46,791 | 145,372 | 96,829 |
Reduction to Short Term Noncontrolling Interest | 197 | ||
Decrease in Redeemable Noncontrolling Interest | 12,523 | ||
Step Up Adjustment to Paid in Capital | 13,920 | 7,475 | |
Net Increase Decrease In Redeemable Noncontrolling Interest | 7,922 | ||
Defined Benefit Plan, Plan Assets | $ 6,706 |