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Recently Issued Accounting Standards
6 Months Ended
Jun. 30, 2012
Recently Issued Accounting Standards  
Recently Issued Accounting Standards

K.        Recently Issued Accounting Standards

 

Disclosure about Offsetting Assets and Liabilities

 

In December 2011, the FASB issued a standards update intended to enhance disclosures by requiring additional information about financial instruments and derivative instruments that are either offset in the statement of financial position or subject to an enforceable master netting arrangement or similar agreement.  The update is to be applied prospectively and is effective for annual reporting periods beginning on or after January 1, 2013. The Company is currently evaluating the impact this standard will have on its financial statement disclosures.