Annual report pursuant to Section 13 and 15(d)

Fair value measurements (Tables)

v2.4.0.6
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents the input level used to determine the fair values of the Company’s financial instruments measured at fair value on a recurring basis for the years ended December 31, 2012 and 2011:
 
 
December 31, 2012
 
Quoted
Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets
 

 
 

 
 

 
 

Certificates of deposit
181,859

 

 
181,859

 

Total Assets
$
181,859

 
$

 
$
181,859

 
$

 
 
December 31, 2011
 
Quoted
Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets
 

 
 

 
 

 
 

Certificates of deposit
683,428

 

 
683,428

 

Total Assets
$
683,428

 
$

 
$
683,428

 
$