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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Summary of Financial Asset Measured at Fair Value

The following table summarizes the financial assets that we measured at fair value as of September 30, 2013 and December 31, 2012.

 

     September 30, 2013  
     Level 1      Level 2      Level 3      Total  

Available for sale securities

   $ 24,310       $ —         $ —         $ 24,310   

Contingent Royalty

   $ —         $ —         $ 16,000,000       $ 16,000,000   

 

     December 31, 2012  
     Level 1      Level 2      Level 3      Total  

Available for sale securities

   $ 838,309       $ —         $ —         $ 838,309   

Contingent Royalty

   $ —         $ —         $ 16,000,000       $ 16,000,000