Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Assets Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes our assets measured and recorded at fair value on a recurring basis, by level, within the fair value hierarchy:

	March 31, 2013
	Level 1		Level 2		Level 3		Total
Cash equivalents - money market accounts	$	34,264,269	$	-	$	-	$	34,264,269

	December 31, 2012
	Level 1		Level 2		Level 3		Total
Cash equivalents - money market accounts	$	34,264,268	$	-	$	-	$	34,264,268

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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