Deferred Financing Costs

6 Months Ended

Jun. 30, 2011

Deferred Financing Costs

Deferred Financing Costs

Note 6.  Deferred Financing Costs

Details of our deferred financing costs are as follows:

	June 30, 2011			December 31, 2010
FFB loan guaranteed by the DOE	$	3,454,584		$	3,456,781
MassDev loan	90,517			90,517
Other prepaid finance costs	47,173			—
	3,592,274			3,547,298
Less accumulated amortization	(184,408		)	(51,178		)
Total	$	3,407,866		$	3,496,120

Deferred financing costs are amortized over the life of the debt using the effective interest method.