Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 4,511,561	$ 6,408,209
Accounts receivable, net of allowance for doubtful accounts of $56,481 as of June 30, 2012 and $57,415 as of December 31, 2011	4,917,015	3,880,184
Prepaid expenses and deposits	5,853,373	3,961,905
Derivative instrument asset, current portion (note 7)	97,718
Prepaid domain name registry and ancillary services fees, current portion	47,001,530	43,209,033
Income taxes recoverable	634,661	867,093
Total current assets	63,015,858	58,326,424
Derivative instrument asset, long-term portion (note 7)		87,023
Prepaid domain name registry and ancillary services fees, long-term portion	13,105,851	12,600,154
Property and equipment	1,330,274	1,437,564
Deferred financing charges	100	2,300
Deferred tax asset, long-term portion (note 8)	6,743,137	6,880,377
Intangible assets (note 5)	16,953,335	17,482,590
Goodwill	18,873,127	18,873,127
Total assets	120,021,682	115,689,559
Current liabilities:
Accounts payable	1,547,897	1,051,115
Accrued liabilities	2,498,804	2,081,968
Customer deposits	4,268,497	4,202,899
Derivative instrument liability, current portion (note 7)	340,835	781,027
Loan payable, current portion (note 6)	4,000,000	850,000
Deferred revenue, current portion	57,441,960	52,683,546
Accreditation fees payable, current portion	585,155	555,869
Deferred tax liability, current portion (note 8)	903,510	880,008
Income taxes payable	166,407	158,258
Total current liabilities	71,753,065	63,244,690
Derivative instrument liability, long-term portion (note 7)		5,479
Deferred revenue, long-term portion	17,018,389	16,492,155
Accreditation fees payable, long-term portion	151,954	156,061
Deferred rent, long-term portion	39,687	26,487
Deferred tax liability, long-term portion (note 8)	5,289,900	5,345,700
Stockholders' equity (note 12)
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; 45,484,997 shares issued and outstanding as of June 30, 2012 and 53,497,584 shares issued and outstanding as of December 31, 2011	10,233,628	11,358,959
Additional paid-in capital	35,109,427	40,994,013
Deficit	(19,574,368)	(21,933,985)
Total stockholders' equity	25,768,687	30,418,987
Total liabilities and stockholders' equity	$ 120,021,682	$ 115,689,559