Trust Account
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12 Months Ended | ||
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Dec. 31, 2012
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Investments, All Other Investments [Abstract] | |||
Financial Instruments Disclosure [Text Block] |
A total of $189,626,500, which includes $184,376,500 of the net proceeds from the Public Offering and $5,250,000 from the private placement, was placed in the Trust Account. As of December 31, 2012 and 2011, investment securities in the Company’s Trust Account consisted of $189,645,089 and $189,634,541, respectively in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations. |
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- Definition
The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures. No definition available.
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- Details
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