Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 6,408,209	$ 4,205,729
Accounts receivable, net of allowance for doubtful accounts of $57,415 as of December 31, 2011 and $60,000 as of December 31, 2010	3,880,184	3,021,995
Prepaid expenses and deposits	3,961,905	2,363,876
Derivative instrument asset, current portion (note 4)		833,960
Prepaid domain name registry and ancillary services fees, current portion	43,209,033	37,016,871
Income taxes recoverable	867,093	620,000
Total current assets	58,326,424	48,062,431
Derivative instrument asset, long-term portion (note 4)	87,023
Prepaid domain name registry and ancillary services fees, long-term portion	12,600,154	12,820,479
Property and equipment (note 5)	1,437,564	1,552,349
Deferred financing charges	2,300	15,600
Deferred tax asset, long-term portion (note 10)	6,880,377	4,155,600
Intangible assets (note 6)	17,482,590	16,883,401
Goodwill (note 3)	18,873,127	17,990,807
Total assets	115,689,559	101,480,667
Current liabilities:
Accounts payable	1,051,115	1,664,006
Accrued liabilities	2,081,968	1,346,436
Customer deposits	4,202,899	3,960,312
Derivative instrument liability, current portion (note 4)	781,027
Loan payable, current portion (note 7)	850,000	1,305,883
Deferred revenue, current portion	52,683,546	45,832,374
Accreditation fees payable, current portion	555,869	547,810
Deferred tax liability, current portion (note 10)	880,008	1,155,600
Income taxes payable (note10)	158,258
Total current liabilities	63,244,690	55,812,421
Derivative instrument liability, long-term portion (note 4)	5,479
Deferred revenue, long-term portion	16,492,155	16,738,429
Accreditation fees payable, long-term portion	156,061	168,580
Deferred rent, long-term portion	26,487
Deferred tax liability, long-term portion (note 10)	5,345,700	4,840,000
Stockholders' equity (note 8)
Preferred stock - no par value, 1,250,000 shares authorized; none issued and outstanding	0	0
Common stock - no par value, 250,000,000 shares authorized; 53,497,584 shares issued and outstanding as of December 31, 2011 and 53,448,591 shares issued and outstanding as of December 31, 2010	11,358,959	11,324,866
Additional paid-in capital	40,994,013	40,700,587
Deficit	(21,933,985)	(28,104,216)
Total stockholders' equity	30,418,987	23,921,237
Total liabilities and stockholders' equity	$ 115,689,559	$ 101,480,667