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Subsequent Events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events

20. Subsequent Events

Senior Secured Term Loan.  In January 2017, in connection with the sale of the Sharper Image intellectual property and related assets, the Company made a voluntary principal prepayment and a mandatory principal prepayment on its Senior Secured Term Loan of $23.0 million and $23.5 million, respectively.  As a result of these principal prepayments, the Company paid prepayment premiums as defined in the Credit Agreement of $6.8 million in the aggregate which have been recorded in accounts payable and accrued expenses in the Company’s consolidated balance as of December 31, 2016 and in loss on extinguishment of debt, net on the Company’s consolidated statement of operations for the year ended December 31, 2016.

 

Senior Secured Notes.  In January 2017, in connection with the sale of the Sharper Image intellectual property and related assets, the Company made a mandatory principal prepayment on its Senior Secured Notes of $36.7 million.