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Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 5,399,980 $ 7,870,908
Investment portfolio 18,393,156 16,503,731
Accounts receivable 11,519,318 10,438,598
Prepaid expenses 1,087,873 953,526
Furniture and equipment, net of depreciation 970,534 745,476
Income tax receivable 1,593,238 2,271,704
Deferred taxes 2,138,899 2,451,974
Total assets 41,102,998 41,235,917
Liabilities    
Accounts payable and accrued expenses 2,224,043 2,797,483
Accrued incentive compensation 4,857,000 15,908,083
Deferred compensation liability 863,499 794,644
Total liabilities 7,944,542 19,500,210
Commitments and contingencies      
Shareholders' Equity    
Common stock, no par value 7,000,000 shares authorized; 3,242,674 issued and outstanding at March 31, 2013 (inclusive of 329,988 unvested shares); 3,169,987 issued and outstanding at December 31, 2012 (inclusive of 319,988 unvested shares) 70,907,335 65,255,813
Preferred stock, undesignated, 1,000,000 shares authorized and unissued      
Deferred equity compensation (14,388,976) (14,829,470)
Accumulated deficit (23,359,903) (28,690,636)
Total shareholders' equity 33,158,456 21,735,707
Total liabilities and shareholders' equity $ 41,102,998 $ 41,235,917
Book value per share $ 10.23 $ 6.86