Related Party Transactions

9 Months Ended

Sep. 30, 2013

Related Party Transactions [Abstract]

Related Party Transactions

 Promissory Notes with Shareholder, Costa Brava

 See Note 8 “Long-Term Debt” to the Consolidated Financial Statements regarding promissory notes held by Costa Brava, an entity that owned, at September 30, 2013, approximately 48.2%, or 51.8% on an as converted basis, of the Company’s common stock.  The Chairman of the Company’s Board of Directors, Seth Hamot, is the President and sole member of Roark, Rearden & Hamot, LLC, which is the sole general partner of Costa Brava.

 The total outstanding borrowings under all promissory notes the Company has entered into with Costa Brava at September 30, 2013 and December 31, 2012 was $19.2 million (including $3.7 million Accrued PIK Interest) and $17.6 million (including $2.1 million Accrued PIK Interest), respectively.

 Convertible Notes with Shareholder, Harlingwood

 See Note 8, “Long-Term Debt” to the Consolidated Financial Statements regarding $1.5 million in total promissory notes held by Harlingwood, an entity that owned, at September 30, 2013, approximately 5.4%, or 13.3% on an as converted basis, of the Company’s common stock.  Mr. Fir Geenen, a member of the Company’s Board of Directors is the manager of a limited liability company that manages Harlingwood.

 The total outstanding borrowings under all promissory notes issued by the Company to Harlingwood at September 30, 2013 and December 31, 2012 was $1.7 million (including $0.2 million Accrued PIK Interest) and $1.5 million (including less than $0.1 million Accrued PIK Interest), respectively.