Note 11 - Escrow Release (Divestiture of Schreiber, Yonley and Associates, Inc. ("SYA") |
9 Months Ended | ||
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Sep. 30, 2015 | |||
Notes to Financial Statements | |||
Escrow Release [Text Block] |
On August 4, 2015, the Company received $50,000 which represented the portion of the proceeds from the divestiture of the Company’s wholly-owned subsidiary, SYA, on July 29, 2014 which was placed in an escrow account to cover any potential claims which the purchaser of SYA may have made for indemnification for certain limited types of losses incurred by the purchaser for a period of one year following the closing of the sale of SYA. The $50,000 was previously recorded as restricted cash on the Company’s Consolidated Balance Sheets. |
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- Definition Entire disclosure for escrow release. No definition available.
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- References No definition available.
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