Looking at the crash report I think you have a problem with Extensis font management, and I see you need to update ID to 7.0.4.
If there was a file open when the program crashed, ti may continue to crash on launch if the recovery data is damaged. Find and empty the InDesign Recovery folder in your user library.
I't a hidden folder, so if you don't know how to find it, see Access hidden user library files | Mac OS 10.7 Lion
Peter, thanks for the reply.
While i was waiting for someone to answer I went through deleting one plugin at a time and narrowed it down to the exact one you have described. "ExtensisFontManagementIDCS5.InDesignPlugin"
Is this a plugin that is required? I will also look about updating
Thanks for your answer
No, it is not required. That's most likely the autoactivation plugin (I don't use Suitcase, but that's waht that is -- something to do with your Extensis Suitcase or other Extensis font manager). What version of the extensis software are you using? Have you patched it recently?