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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value of Financial Instruments [Abstract]  
Estimated fair values of the liabilities measured on a recurring basis
                                 
    Fair Value Measurements at September 30, 2012  
    Balance at
September  30,
2012
    Quoted Prices in
Active  Markets
(Level 1)
    Significant  Other
Observable
Inputs (Level 2)
    Significant
Unobservable
Inputs (Level 3)
 

Embedded derivative liabilities

  $ 3,900     $ —       $ —       $ 3,900  

Warrant derivative liabilities

    8,817       —         —         8,817  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 12,717     $ —       $ —       $ 12,717  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
    Fair Value Measurements at December 31, 2011  
   

Balance at

December 31,
2011

   

Quoted Prices in

Active Markets

(Level 1)

   

Significant Other

Observable

Inputs (Level 2)

   

Significant

Unobservable

Inputs (Level 3)

 

Embedded derivative liabilities

  $ 3,680     $ —       $ —       $ 3,680  

Warrant derivative liabilities

    11,590       —         —         11,590  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 15,270     $ —       $ —       $ 15,270  
   

 

 

   

 

 

   

 

 

   

 

 

 
Liabilities measured at estimated fair value using unobservable inputs
                         
    Fair Value Measurements Using Significant
Unobservable Inputs (Levels 3)
 
    Embedded  Derivative
Liabilities
    Warrant  Derivative
Liabilities
    Total  

Beginning balance at December 31, 2011

  $ 3,680     $ 11,590     $ 15,270  

Adjustment to estimated fair value

    77       (2,773     (2,696

Accrued dividends payable in Series

C-1 2 Preferred

    143       —         143  
   

 

 

   

 

 

   

 

 

 

Ending balance at September 30, 2012

  $ 3,900     $ 8,817     $ 12,717  
   

 

 

   

 

 

   

 

 

 
                         
    Fair Value Measurements Using Significant
Unobservable Inputs (Levels 3)
 
    Embedded  Derivative
Liabilities
    Warrant Derivative
Liabilities
    Total  

Beginning balance at December 31, 2010

  $ 5,170     $ 932     $ 6,102  

Adjustment to estimated fair value

    (1,620     (1,726     (3,346

Decrease of the embedded derivative liabilities for preferred shares converted into common stock

    (315     —         (315

Forfeited accrued dividends payable in Series C-1 2 Preferred

    (72     —         (72

Accrued dividends payable in Series C-1 1 Preferred

    3       —         3  
   

 

 

   

 

 

   

 

 

 

Ending balance at September 30, 2011

  $ 3,166     $ (794   $ 2,372