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12. FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Sep. 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 consolidated balance sheet at September 30, 2012:

    Quoted Prices in     Significant Other Observable Inputs (Level 2)              
    Active Markets for         Significant Unobservable Inputs (Level 3)        
    Identical Assets or                
    Liabilities (Level 1)             Total  
                                 
Derivative Instruments   $ -     $ -     $ 6,983,690     $ 6,983,690  

 

 

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

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

 

Fair value measurements using significant unobservable inputs
  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 in Earnings (1,911,683) (4,432,148)
Ending balance $              6,983,690  $              7,261,073