Subsequent Event

6 Months Ended

Jun. 30, 2014

Subsequent Event

Subsequent Event

11. Subsequent Event

On August 6, 2014, we entered into a definitive agreement for the sale of real property located in Santa Monica, California, upon which we currently operate one of our retail stores, for $20.2 million, subject to diligence and closing conditions. The property has a net book value of approximately $4.4 million. We intend to shut down the operations of this retail store upon consummation of the sale.

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