Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of assets and liabilities measured at fair value on a recurring basis

			Fair Value Measurements at Reporting Date Using
	December 31, 2012		Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	1,380	$	1,380	$	–	$	–
Total assets at fair value on a recurring basis	$	1,380	$	1,380	$	–	$	–
Liabilities:
Other liabilities:
Interest rate swaps	$	1,211	$	–	$	1,211	$	–
Deferred payments		2,119		–		–		2,119
Total liabilities at fair value on a recurring basis	$	3,330	$	–	$	1,211	$	2,119

			Fair Value Measurements at Reporting Date Using
	December 31, 2011		Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents:
Money market funds	$	7,606	$	7,606	$	–	$	–
Total assets at fair value on a recurring basis	$	7,606	$	7,606	$	–	$	–
Liabilities:
Other liabilities:
Interest rate swap	$	1,010	$	–	$	1,010	$	–
Deferred payments		2,200		–		–		2,200
Total liabilities at fair value on a recurring basis	$	3,210	$	–	$	1,010	$	2,200

Schedule of changes in fair value of level 3 liability

	Deferred Payments
Balance at December 31, 2011	$	2,200
Amounts earned		(136	)
Adjustments to fair value		55
Transfers in or out of Level 3		—
Balance at December 31, 2012	$	2,119

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References+ Details