Fair Value Measurements

9 Months Ended

Sep. 30, 2011

Fair Value Measurements [Abstract]

Fair Value Disclosures [Text Block]

FAIR VALUE MEASUREMENTS

The following table presents assets and liabilities measured at fair value on a recurring basis as of September 30, 2011:

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total
Investments held in conjunction with deferred compensation plan	$	—	$	22,598	$	—	$	22,598
Total assets	$	—	$	22,598	$	—	$	22,598
Benefits payable in conjunction with deferred compensation plan	$	—	$	22,354	$	—	$	22,354
Total liabilities	$	—	$	22,354	$	—	$	22,354

For comparative purposes, the following table presents assets and liabilities measured at fair value on a recurring basis as of December 31, 2010:

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total
Investments held in conjunction with deferred compensation plan	$	—	$	23,151	$	—	$	23,151
Total assets	$	—	$	23,151	$	—	$	23,151
Benefits payable in conjunction with deferred compensation plan	$	—	$	23,078	$	—	$	23,078
Total liabilities	$	—	$	23,078	$	—	$	23,078

The investments held and benefits payable to participants in conjunction with the deferred compensation plan were primarily based on quoted prices for similar assets in active markets. Changes in the fair value of the investments are recognized as an increase or decrease in compensation expense. Changes in the fair value of the benefits payables to participants are recognized as a corresponding offset to compensation expense. The net impact of changes in fair value is not material. The deferred compensation plan is further discussed in Note 9.

The Company does not have any material financial assets in a market that is not active.