Annual report pursuant to Section 13 and 15(d)

Insurance Recovery

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Insurance Recovery
12 Months Ended
Dec. 31, 2013
Insurance Recovery  
Insurance Recovery

14.                        Insurance Recovery

 

On April 26, 2011, the Company and its directors’ and officers’ liability insurance carrier entered into an agreement under which the insurance carrier agreed to pay the Company $1,100 to reimburse the Company for defense fees and expenses incurred by the Company in 2010 related to certain litigation. This amount was received in 2011 and is included in other income in the consolidated statement of operations.