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Accrued expenses (Tables)
12 Months Ended
Dec. 31, 2013
Accrued expenses  
Schedule of the components of accrued expenses

 

 
  As of
December 31,
 
 
  2013   2012  

Gift card liabilities

  $ 1,150,096   $ 778,237  

Professional fees

    322,547     1,095,526  

Bonus

    419,205     852,274  

Deferred revenue(*)

    549,390     292,001  

Other(**)

    2,591,382     2,280,751  
           

Total accrued expenses

  $ 5,032,620   $ 5,298,789  
           
           

(*)
Current deferred revenue will be recognized as revenue ratably over the next 12 months. As of December 31, 2013, included in the balance sheet classification "Long-term portion of capital leases and deferred revenue" is the non-current portion of deferred revenue in the amount of $0.9 million. The non-current deferred revenue balance as of December 31, 2012 is zero.

(**)
No amounts included in "other" exceed 5% of total current liabilities.