Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value of Financial Instruments [Abstract]

Summarization of fair value measurements

The following table summarizes the valuation of Hallwood Group’s financial instruments based upon the inputs used to measure fair value in the three levels of the fair value hierarchy as of September 30, 2012 and December 31, 2011.

• Level 1 – Quoted market prices in active markets for identical assets or liabilities

• Level 2 – Quoted prices for similar assets or liabilities in active markets or inputs that are observable

• Level 3 – Inputs that are unobservable

	September 30, 2012
	Level 1		Level 2		Level 3
Cash Equivalents
Money market funds	$	49	$	—	$	—
	December 31, 2011
	Level 1		Level 2		Level 3
Cash Equivalents
Money market funds	$	5,248	$	—	$	—