Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Effect of Correction on Combined Financial Statements

The following tables present the effect this correction had on the combined financial statements as of and for the year ended December 31, 2011. Additionally, financial information included in the notes to the financial statements that is impacted by the adjustment have been revised, as applicable.


	As of December 31, 2011
	As reported			Adjustment			As adjusted
Deferred costs, net	$	1,003,519		$	(213,500	)	$	790,019
Owners’ equity (deficit)		(4,642,480	)		(213,50	)		(4,855,980	)


	For the year ended December 31, 2011
	As reported			Adjustment			As adjusted
Formation transaction expenses	$	—		$	174,235		$	174,235
Net income		3,461,340			(174,235	)		3,287,105
Net cash provided by operating activities		5,525,900			(174,235	)		5,351,665
Net cash used in financing activities		(73,180	)		174,235			101,055
Net change in cash and cash equivalents		811,872			—			811,872

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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