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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2013
Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of June 30, 2013 and December 31, 2012 are as follows:

 

($ in thousands)         Fair Value Measurements at Reporting Date Using  

Description

  Balance as of
June 30, 2013
    Quoted Prices in
Active Markets for
Identical
Assets/Liabilities
(Level  1)
    Significant Other
Observable Inputs
(Level 2)
    Significant
Unobservable Inputs
(Level 3)
 

Cash equivalents

  $                36,709      $ 36,709      $ —        $ —     
 

 

 

   

 

 

   

 

 

   

 

 

 

Warrant liability

  $ 2,576      $ —        $ 2,576      $ —     
 

 

 

   

 

 

   

 

 

   

 

 

 

 

($ in thousands)         Fair Value Measurements at Reporting Date Using  

Description

  Balance as of
December 31, 2012
    Quoted Prices in
Active Markets for
Identical
Assets/Liabilities
(Level 1)
    Significant Other
Observable Inputs
(Level 2)
    Significant
Unobservable Inputs
(Level 3)
 

Cash equivalents

  $ 72,002      $ 72,002      $ —        $ —     
 

 

 

   

 

 

   

 

 

   

 

 

 

Warrant liability

  $ 12,962      $ —        $ 12,962      $ —