Fair Value Measurement

12 Months Ended

Dec. 31, 2011

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

8. Fair Value Measurement

In determining the appropriate levels, the Company performs a detailed analysis of financial assets and liabilities. At each reporting period, all assets and liabilities for which the fair value measurements are based upon significant unobservable inputs were classified as Level 3. The derivative liability was valued using the Black-Scholes Option Pricing Model which is based upon unobservable inputs. The derivative liability was $0 and $73 thousand as of December 31, 2011 and December 31, 2010, respectively.

The following is a rollforward of Level 3 fair value instruments for the year ended December 31, 2011:

(Dollars in thousands)			Total (Gains) /
	Beginning		Losses			Purchases,		Ending Balance as of December 31,
	Balance as of		Realized and			Issuances, Sales
Instrument	Jan. 1, 2011		Unrealized			and Settlements		2011
Derivative liability	$	73	$	(73	)	$	—	$	—
Total Level 3 instruments	$	73	$	(73	)	$	—	$	—

The following is a rollforward of Level 3 fair value instruments for the year ended December 31, 2010:

(Dollars in thousands)			Total (Gains) /
	Beginning		Losses		Purchases,		Ending Balance as
	Balance as of		Realized and		Issuances, Sales		of December 31,
Instrument	Jan. 1, 2010		Unrealized		and Settlements		2010
Derivative liability	$	70	$	3	$	—	$	73
Total Level 3 instruments	$	70	$	3	$	—	$	73