Annual report pursuant to Section 13 and 15(d)

Operating Expenses (Notes)

v2.4.0.6
Operating Expenses (Notes)
 12 Months Ended
Dec. 31, 2011
Operating Expenses [Abstract]  
Operating Expenses
Operating Expenses
Components of the Company's operating expenses for the years ended December 31, 2011, 2010 and 2009 are presented in the following table:
 
Year Ended December 31,
 
2011
 
2010
 
2009
Costs associated with business combination
$
—

 
$
—

 
$
9,572

Costs associated with Capitol as a development stage company
—

 
—

 
1,347

Other operating expenses:
 
 
 
 
 
General and administrative
7,311

 
3,076

 
472

Directors and officers' insurance
563

 
424

 
155

Professional fees
1,888

 
1,078

 
625

Total operating expenses
$
9,762

 
$
4,578

 
$
12,171



GAAP requires the direct costs of a business combination, such as transaction fees, due diligence, and consulting services to no longer be included in the measurement of the business acquired. Instead, these direct costs were recognized as expenses for the period in which they were incurred and the services received.