Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2011

Financial Instruments Disclosure [Abstract]

Fair Value of Financial Instruments

12. Fair Value of Financial Instruments

The following disclosure of the estimated fair value of financial instruments is made in accordance with the provision of ASC 825-10-65, Financial Instruments, which requires disclosures about fair value of financial instruments in interim financial statements as well as in annual financial statements. Although the estimated fair value amounts have been determined by the Company using available market information and appropriate valuation methodologies, the estimates presented are not necessarily indicative of the amounts that the Company could realize in current market exchanges.

The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:

 Cash and cash equivalents, accounts receivable, accrued interest receivable and payable: The carrying amounts reported in the condensed consolidated balance sheets approximate fair value because of the short maturities of these instruments.