XML 36 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Related Party Transactions
9 Months Ended
Sep. 30, 2020
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Installation Partner

Our installation partner in which we have a 48.2% ownership interest performs installation services for security dealers and also provides installation services for us and certain of our subsidiaries. We account for this investment using the equity method. As of September 30, 2020 and December 31, 2019, our investment balance in our installation partner was zero. During the three and nine months ended September 30, 2020 and 2019, we recorded $0.1 million and $0.3 million of cost of hardware and other revenue in connection with this installation partner, respectively. As of September 30, 2020 and December 31, 2019, the accounts payable balance to our installation partner was less than $0.1 million.

Affiliate Lease

OpenEye leases its production and administration operations facility from a company that is controlled by certain employees of OpenEye, or the Landlord. The one year lease term expired on October 20, 2020 and was subsequently converted to a month-to-month lease. OpenEye can terminate the lease at any time by providing 30 days' prior written notice and the Landlord can terminate the lease by providing 90 days' prior written notice. Total minimum lease payments over the term of the lease are $0.2 million. During the three and nine months ended September 30, 2020, we recorded $0.1 million and $0.2 million of rent expense in connection with this lease arrangement. There was no rent expense recorded in connection with the lease arrangement during the three and nine months ended September 30, 2019. There was no accounts payable balance due to the Landlord under this lease arrangement as of September 30, 2020 or December 31, 2019.