Fair Value Measurement of Financial Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2013

Summary of Fair Value Measurement of Financial Assets and Liabilities

The following tables summarize the fair value measurements (in thousands of dollars) of our financial assets and liabilities at September 30, 2013 and December 31, 2012:

	At September 30, 2013
	Total		Quoted market prices in active markets (level 1)		Significant other observable inputs (level 2)
Cash Equivalents – Overnight Investments	$	3,016	$	—	$	3,016

As the above table indicates, at September 30, 2013, we had no financial assets that were required to be recognized at fair value.

	At December 31, 2012
	Total		Quoted market prices in active markets (level 1)		Significant other observable inputs (level 2)
Cash Equivalents – Overnight Investments	$	1,283	$	—	$	1,283