Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Derivative Liabilities at Fair Value [Table Text Block]

The following tables summarize the financial liabilities measured at fair value on a recurring basis segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value:

As of June 30, 2012

Quoted prices in

Significant

active markets for

Significant other

Unobservable

identical assets

observable inputs

inputs

Total

(Level 1)

(Level 2)

(Level 3)

Derivative financial instruments

133,253

—

133,253

As of December 31, 2011

Quoted prices in

Significant

active markets for

Significant other

Unobservable

identical assets

observable inputs

nputs

Total

(Level 1)

(Level 2)

(Level 3)

Derivative financial instruments

2,162,536

—

2,162,536

Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]

The following table reflects the activity for liabilities measured at fair value using Level 3 inputs for the six months ended June 30:

	2012			2011
Fair value of warrants outstanding as of January 1	$	2,162,536		$	692,696
Fair value of exercised warrants transferred to equity		(2,337,270	)		(185,905	)
Realized loss on warrants exercised or reclassified to equity treatment upon amendment		267,407			42,089
Unrealized loss on warrants		40,580			313,378
Fair value of warrants outstanding as of June 30	$	133,253		$	862,258

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References+ Details

Conmed Healthcare Management, Inc. 10-Q