Annual report pursuant to Section 13 and 15(d)

Fair Value Measurement (Tables)

v2.4.0.8
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Liabilities Measured on a Recurring Basis
The following table presents the input level used to determine the fair values of the Company’s financial instruments measured at fair value on a recurring basis:
 
 
 
Fair Value as of December 31,
 
Level
 
2013
 
2012
Assets:
 
 
 
 
 
Interest rate swap instruments
2
 
$
1,553,224

 
$

Liabilities:
 
 
 

 
 

Interest rate swap instruments
2
 
$
4,267,644

 
$
8,214,582

  Contingent consideration
3
 

 
1,147,408

Total liabilities
 
 
$
4,267,644

 
$
9,361,990

Fair Value, by Balance Sheet Grouping
Based on the analysis performed, the fair value and the carrying value of the Company’s long-term debt are as follows:
 
As of December 31, 2013
 
As of December 31, 2012
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
Long-term debt value
$
114,775,844

 
$
116,195,436

 
$66,817,614
 
$
70,539,701