Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Measurements Tables  
Assets and liabilities measured at fair value on recurring and non-recurring bases

The following table presents assets and liabilities that are measured and recognized at fair value as of March 31, 2014 on a recurring and non-recurring basis:

 

Description   Level 1     Level 2     Level 3     Gains (Losses)  
Goodwill (non-recurring)   $ -     $ -     $ 5,999,765     $ -  
Intangibles, net (non-recurring)   $ -     $ -     $ 3,315,083     $ -  
Derivatives (recurring)   $ -     $ -     $ 76,097     $ (30,079 )
Earn-out payable (non-recurring)   $ -     $ -     $ 2,332,000     $ -  

 

The following table presents assets and liabilities that are measured and recognized at fair value as of December 31, 2013 on a recurring and non-recurring basis:

 

Description   Level 1     Level 2     Level 3     Gains (Losses)  
Goodwill (non-recurring)   $ -     $ -     $ 3,108,964     $ 849,340  
Intangibles, net (non-recurring)   $ -     $ -     $ 935,316     $ 491,204  
Derivatives (recurring)   $ -     $ -     $ 106,176     $ (3,766,231 )
Earn-out payable (non-recurring)   $ -     $ -     $ 59,000     $ (165,000  )