- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + Details

FAIR VALUES OF ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Assets and liabilities measured at fair value on a recurring basis
Derivative warrant liability	$ 7,722	$ 7,224	$ 5,721
Recurring basis
Assets and liabilities measured at fair value on a recurring basis
Derivative warrant liability	7,722	7,224
Recurring basis \| Level 2
Assets and liabilities measured at fair value on a recurring basis
Derivative warrant liability	$ 7,722	$ 7,224