Annual report pursuant to Section 13 and 15(d)

Other Assets (Notes)

v2.4.0.6
Other Assets (Notes)
 12 Months Ended
Dec. 31, 2012
Other Assets [Abstract]  
Other Assets Disclosure [Text Block]
Other Assets
Other assets as of December 31, 2012 and December 31, 2011 are summarized in the following table:
(in thousands)
December 31,
2012
 
December 31,
2011
Property and equipment at cost
$
1,034

 
$
322

Accumulated depreciation (1)
(251
)
 
(39
)
Net property and equipment
783

 
283

Prepaid expenses
1,411

 
722

Current income tax receivable
4,323

 
157

Deferred tax assets
44,184

 
6,391

Other receivables (2)
31,885

 
13

Total other assets
$
82,586

 
$
7,566

____________________
(1)
Depreciation expense for the years ended December 31, 2012 and 2011 was $212,044 and $39,029, respectively.
(2)
The majority of other receivables are amounts due from the Company's transfer agent for cash proceeds received upon exercise of warrants by warrantholders on December 31, 2012.