Acquisitions, Dispositions and Other Transactions (Tables)

12 Months Ended

6 Months Ended

Dec. 31, 2013

Jun. 30, 2014

Uppercase Living

Acquisitions, Dispositions and Other Transactions

Summary of fair value of acquiree as of the acquisition date

	TLC		AEI		All Other		Total
Assets
Current assets:
Cash and cash equivalents	$	84,062	$	2,454,236	$	9,869	$	2,548,167
Accounts receivable		259,602		70,656		43,458		373,716
Inventory		19,892,740		2,642,320		410,884		22,945,944
Prepaid expenses and other		1,074,420		2,287,575		7,696		3,369,691
Total current assets		21,310,824		7,454,787		471,907		29,237,518
Property, plant and equipment		28,469,390		241,089		51,208		28,761,687
Goodwill		—		1,937,801		2,487,535		4,425,336
Intangibles, net		—		3,764,102		—		3,764,102
Other assets		3,946,570		553,194		44,335		4,544,099
Total assets	$	53,726,784	$	13,950,973	$	3,054,985	$	70,732,742
Liabilities and stockholders' equity
Current liabilities:
Accounts payable—trade	$	6,383,107	$	1,952,801	$	202,922	$	8,538,830
Accounts payable—related party		—		6,091		251,931		258,022
Line of credit payable		9,319,612		—		40,615		9,360,227
Accrued commissions		204,042		4,476,382		—		4,680,424
Deferred revenue		4,132,386		196,504		—		4,328,890
Current portion of long-term debt		354,390		306,965		—		661,355
Other current liabilities		3,758,003		2,401,793		585,426		6,745,222
Total current liabilities		24,151,540		9,340,536		1,080,894		34,572,970
Long-term debt		9,265,766		1,393,035		—		10,658,801
Other long-term liabilities				50,928		14,533		65,461
Total liabilities		33,417,306		10,784,499		1,095,427		45,297,232
Stockholders' equity:						—		—
Stockholders' equity attributable to CVSL		10,500,000		3,162,063		1,944,875		15,606,938
Stockholders' equity attributable to noncontrolling interest		9,809,478		4,411		14,683		9,828,572
Total stockholders' equity		20,309,478		3,166,474		1,959,558		25,435,510
Total liabilities and stockholders' equity	$	53,726,784	$	13,950,973	$	3,054,985	$	70,732,742

Opening balance sheet for Uppercase Living acquisition on March 14, 2014

The following summary represents the fair value of UAI as of the acquisition date and is subject to change following management's final evaluation of the fair value assumptions.

	UAI
Assets
Current assets:
Cash and cash equivalents	$	2,000
Accounts receivable		1,742
Inventory		96,497
Total current assets		100,239
Property, plant and equipment		23,230
Goodwill		469,065
Other assets		16,366
Total assets	$	608,900
Liabilities and stockholders' equity
Current liabilities:
Accounts payable—trade	$	267,337
Accrued commissions		79,003
Deferred revenue		28,399
Other current liabilities		96,706
Total current liabilities		471,445
Other long-term liabilities		137,455
Total liabilities		608,900
Stockholders' equity		—
Total stockholders' equity		—
Total liabilities and stockholders' equity	$	608,900