Related Party Transactions

6 Months Ended

Jun. 30, 2014

NOTE 4.

RELATED PARTY TRANSACTIONS

The Company acquired liquid and solid containment tanks totaling $5.5 million and $9.5 million during the three and six months ended June 30, 2013, respectively, from Sabre Manufacturing, LLC (“Sabre”), which was controlled by the President of Adler Tanks until August 16, 2013 when it was sold to an unrelated party. Amounts due to Sabre at June 30, 2013 were $0.4 million. There were no related party transactions in the six months ended June 30, 2014, or amounts owed to related parties at such date.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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