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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Measurements Tables  
Assets and liabilities measured at fair value on a recurring basis

The following tables provide information on those assets measured at fair value on a recurring basis as of June 30, 2014 and December 31, 2013, respectively:

 

   

Carrying

Amount In

Balance

Sheet

June

30,

Fair

Value

June

30,

Fair Value Measurement Using
2014 2014 Level 1 Level 2 Level 3
Assets:                              
Money Market Funds   $ 1,135,752     $ 1,135,752     $ 1,135,752     $     $  

 

   

Carrying

Amount In

Balance

Sheet

December

31,

Fair

Value

December

31,

Fair Value Measurement Using
    2013 2013 Level 1 Level 2 Level 3
Assets:                              
Money Market Funds   $ 1,221,675     $ 1,221,675     $ 1,221,675     $     $