Other Non-Current Assets
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Dec. 31, 2014
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Other Non-Current Assets. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other Non-Current Assets |
7. Other Non-Current Assets Other non-current assets consist of the following:
The Company owns 1,250,000 Preferred A Units in a privately held company at a historical purchase price of $1,250. The Preferred A Units are entitled to a preferred distribution at a cumulative rate of 8% per annum of unreturned capital contributions, as defined in the agreement. See Note 11 for more information on the unamortized convertible debt issuance costs.
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