4. FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Jun. 30, 2012

Fair Value Measurements Tables

Measured at fair value on a recurring basis

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed consolidated balance sheet at June 30, 2012:

	Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Derivative instruments	$	-	$	-	$	8,752,841	$	8,752,841

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed consolidated balance sheet at September 30, 2011:

	Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Derivative instruments	$	-	$	-	$	7,261,073	$	7,261,073

Fair value measurements using significant unobservable inputs

The following sets forth the reconciliation of beginning and ending balances related to fair value measurements using significant unobservable inputs (Level 3) for the nine months ended June 30, 2012 and the year ended September 30, 2011:

	June 30,			September 30,
	2012			2011
Beginning balance	$	7,261,073		$	6,946,051
Issuances		6,706,667			9,000,000
Settlements		(5,072,367	)		(4,252,830	)
Realized and unrealized gains recorded inearnings		(142,532	)		(4,432,148	)
Ending balance	$	8,752,841		$	7,261,073