Business Combinations (Tables)

3 Months Ended

Mar. 31, 2014

Business Combinations [Abstract]

Schedule of Preliminary Allocation of the Purchase Price

Net Assets Acquired	Fair Value as of September 30, 2013		Fair Value Adjustments			Other Adj			Fair Value as of March 31, 2014
Prepaid Service Agreement Costs (1)	$	3,383,000	$	—		$	(3,383,000	)	$	—
Personal Property	4,430,986		3,683,614			—			8,114,600
Real Property	1,060,000		—			—			1,060,000
HomeLink® Trade Names and Trademarks	47,000,000		5,000,000			—			52,000,000
HomeLink®Technology	166,000,000		14,000,000			—			180,000,000
Existing Customer Platforms	43,000,000		—			—			43,000,000
Exclusive Licensing Agreement	87,000,000		9,000,000			—			96,000,000
Accounts Receivable	7,719,302		—			3,400,145			11,119,447
Net Customer Tooling	956,665		—			26,741			983,406
Fair Value of Acquired Assets	360,549,953		31,683,614			43,886			392,277,453
Other adjustments	—		—			(1,492,398		)	(1,492,398		)
Goodwill	337,557,061		(31,683,614		)	1,492,398			307,365,845
Total Cash Consideration	$	698,107,014	$	—		$	43,886		$	698,150,900

(1) - The Company used the prepaid service agreement costs to offset payments due to the Seller in the quarter ended, December 31, 2013.