FAIR VALUE MEASUREMENTS (Tables)
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Mar. 31, 2012
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Dec. 31, 2011
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Mar. 31, 2011
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Dec. 31, 2011
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FAIR VALUE MEASUREMENTS [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assets and liabilities carried at fair value measured on a recurring basis | The following table provides the assets carried at fair value measured on a recurring basis as of March 31, 2012 (in thousands):
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The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2011 (in thousands):
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Reconciliation of the changes in fair value of the Company's stock warrant liability | The following table is a reconciliation of the changes in fair value of the Company's stock warrant liability for the three months ended March 31, 2011, which had been classified in Level 3 in the fair value hierarchy (in thousands):
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Valuation inputs using the Black-Scholes option pricing model | The fair value of the stock warrant liability was determined using the Black-Scholes option pricing model with the following inputs at March 31, 2011:
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