XML 19 R17.htm IDEA: XBRL DOCUMENT v2.3.0.15
Accounting Pronouncements
9 Months Ended
Sep. 30, 2011
Accounting Pronouncements [Abstract] 
Accounting Pronouncements
Note 11 — Accounting Pronouncements
In September 2011, the FASB issued ASC, 2011-08-Intangibles -Goodwill and Other: Testing Goodwill for Impairment. The updates objective is to simplify the manner in which entities test goodwill for impairment. The amendments in the Update permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two step impairment test described in topic 350,ASC, Intangiles-Goodwill and Other. The amendments are effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15th, 2011. Management believes that once effective for the Company’s next fiscal year that it could simplify the testing process and have no impact on the consolidated financial statements.