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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Our significant financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 and 2011 were as follows:
 
   
December 31, 2012
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Cash equivalents - money market accounts
  $ 34,264,268     $ -     $ -     $ 34,264,268  
                                 
   
December 31, 2011
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Cash equivalents - money market accounts
  $ 20,263,766     $ -     $ -     $ 20,263,766  
Allowance for Doubtful Accounts
   
December 31,
 
   
2012
   
2011
 
Balance, beginning of the year
  $ 334,473     $ 30,000  
  Amounts provided
    138,339       306,520  
  Amounts written off
    (135,353 )     (2,047 )
Balance, end of the year
  $ 337,459     $ 334,473