Warrant Income	3 Months Ended
Mar. 31, 2015
Warrant Income
Warrant Income	16.Warrant Income During the three months ended March 31, 2015 the Company recorded approximately $0.7 million of other income related to an increase in the fair value of the liability recorded for warrants to acquire the Company’s stock (see Note 13). The warrant liability has been recorded at fair value as of March 31, 2015 based primarily on a valuation performed by a third party expert using a Monte Carlo simulation, which falls within Level 3 of the fair value hierarchy (see Note 11). The valuation model takes into account the probability that the Company could issue additional shares in a future transaction at a lower price than the current exercise price of the warrants.

16.Warrant Income

During the three months ended March 31, 2015 the Company recorded approximately $0.7 million of other income related to an increase in the fair value of the liability recorded for warrants to acquire the Company’s stock (see Note 13). The warrant liability has been recorded at fair value as of March 31, 2015 based primarily on a valuation performed by a third party expert using a Monte Carlo simulation, which falls within Level 3 of the fair value hierarchy (see Note 11). The valuation model takes into account the probability that the Company could issue additional shares in a future transaction at a lower price than the current exercise price of the warrants.