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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2013
FAIR VALUE MEASUREMENTS [Abstract]  
Fair value of our financial instruments
The fair value of our financial instruments consisted of the following at December 31:

Description
 
2013
  
2012
 
Assets:
 
  
 
Notes receivable and accrued interest
 
$
777,710
  
$
1,302,220
 
 
        
Liabilities:
        
Convertible note – June 2011
 
$
138,220
  
$
134,154
 
Convertible note – July 2011
 
$
120,738
  
$
113,084
 
Convertible note – June 2012
 
$
888,099
  
$
1,593,924