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Transactions With Related Parties
12 Months Ended
Dec. 31, 2015
Transactions With Related Parties [Abstract]  
Transactions With Related Parties

 

15.TRANSACTIONS WITH RELATED PARTIES

 

The Company has entered into separate management agreements with Flyfish Management and Consulting AG (“Flyfish”), a management company controlled by Erwin Haitzmann’s family trust/foundation, and with Focus Lifestyle & Entertainment AG (“Focus”), a management company controlled by Peter Hoetzinger’s family trust/foundation, to secure the services of each officer and related management company. Both Co CEOs are responsible for planning, directing, and controlling the activities of the Company. Included in the consolidated statements of earnings (loss) are charges from both Flyfish and Focus for a total of $0.7 million for each of the years ended December 31, 2015, 2014 and 2013.