Accounting Policies And Disclosures

9 Months Ended

Sep. 30, 2011

Accounting Policies And Disclosures [Abstract]

Accounting Policies And Disclosures

1.          ACCOUNTING POLICIES AND DISCLOSURES

     The accompanying condensed consolidated interim financial statements have not been audited.  In our management's opinion, the accompanying condensed consolidated interim financial statements contain all adjustments necessary to fairly present our financial position as of September 30, 2011 and our results of operations and cash flows for the three and nine months ended September 30, 2011 and 2010.  All such adjustments are of a normal recurring nature.  The results for interim periods are not necessarily indicative of annual results.  

     The preparation of financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during each reporting period.  Our management believes these estimates and assumptions are reasonable; however, such estimates and assumptions are subject to a number of risks and uncertainties, which may cause actual results to differ materially from management's estimates.  

     Certain disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted.  Accordingly, these financial statements should be read in conjunction with our consolidated financial statements and notes thereto included in our 2010 Annual Report on Form 10-K.  

Recently Issued Accounting Standards

     Accounting standards-setting organizations frequently issue new or revised accounting rules.  We regularly review all new pronouncements to determine their impact, if any, on our financial statements.  No pronouncements materially affecting our financial statements have been issued since the filing of our 2010 Annual Report on Form 10-K.