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Other Expense, Net
3 Months Ended
Mar. 31, 2013
Other Expense, Net  
Other Expense, Net

(11)                          Other Expense, Net

 

 

 

Three Months Ended March 31,

 

 

 

2013

 

2012

 

West 57th Street building income

 

$

(456

)

$

(555

)

West 57th Street building expense

 

1,850

 

1,805

 

Foreign exchange gain, net

 

(716

)

(619

)

Miscellaneous, net

 

(277

)

(277

)

Other expense, net

 

$

401

 

$

354

 

 

Our building on West 57th Street in New York City is managed by an outside company. West 57th Street building income includes all rent and other income attributable to the property; West 57th Street building expense includes the land lease, real estate taxes, depreciation, and other building costs. Since we utilize a portion of the leasable space for our own retail store, we have allocated a ratable portion of the building expenses to sales and marketing expenses.