Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

 

          June 30, 2017  
    Estimated
life
in years
    Gross
Amount
    Accumulated
Amortization
 
                         
Goodwill     Indefinite     $ 3,985,700       N/A  
Intangible Assets                        
Intangible assets not subject to amortization                        
Trademarks     Indefinite       294,268       N/A  
Intangible assets subject to amortization                        
Customer list     5 - 15       897,274       887,062  
Non-compete agreements     4       272,147       264,369  
                         
Total Intangible Assets             1,463,689       1,151,431  
                         
Total Goodwill and Intangible Assets           $ 5,449,389     $ 1,151,431  
Schedule of amortization over the next two years

Scheduled amortization over the next three years as follows:  

         
For the Twelve Months ending June 30,        
2018       13,545  
2019       3,333  
2020       1,111  
Total     $ 17,989