Acquisition (Details Narrative) (Acquisition of Certain MMB Assets)
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1 Months Ended |
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Mar. 31, 2009
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Acquisition of Certain MMB Assets
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Acquisition (Textual) [Abstract] | |
Description of contingent consideration payable for acquisition of assets | Under the terms of the agreement with MMB, the remaining portion of the purchase price was contingently payable based upon the performance of the new Company business unit to be operated as a result of the acquisition (MMB business unit) and consists of a percentage, averaging 65%, payable quarterly, over the subsequent four years from acquisition date of earnings before interest, taxes, depreciation and amortization of the MMB business unit. The purchase price agreement expired March 31, 2013. |
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- Details
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- Definition
For contingent consideration arrangements recognized in connection with a business combination, this element represents a description of the basis for determining the amount of the payment recorded. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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