Related-Party Transactions

9 Months Ended

Sep. 30, 2012

Related Party Transactions [Abstract]

Related-Party Transactions

8.         Related-Party Transactions

The Company and its subsidiaries have entered into or amended several agreements with affiliated and related entities. Among these are a Market Development Agreement, a Distribution Agreement and a Trademark Licensing Agreement between MBC and Kingfisher of America, Inc., and a License Agreement between UBIUK and UBHL. KBEL is a party to a brewing agreement with Shepherd Neame, which is discussed in Note 2, and has issued a note in favor of Shepherd Neame, which is discussed in Note 6.

The following tables reflect the value of the transactions during the nine months ended September 30, 2012 and 2011 and the balances outstanding as of September 30, 2012 and December 31, 2011.

TRANSACTIONS	Nine months ended September 30, 2012		Nine months ended September 30, 2011
Sales to Shepherd Neame	$	2,846,100	$	3,989,300
Purchases from Shepherd Neame	$	11,953,000	$	12,837,800
Expense reimbursement to Shepherd Neame	$	797,500	$	849,800
Interest expense related to UBA convertible notes	$	68,300	$	68,000

ACCOUNT BALANCES	September 30, 2012		December 31, 2011
Accounts payable to Shepherd Neame	$	3,924,100	$	4,856,900
Accounts receivable from Shepherd Neame	$	501,100	$	344,700