Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets [Abstract]  
Schedule of goodwill and intangible assets
 
     
March 31, 2014
 
 
Estimated life
in years
 
Gross
amount
   
Accumulated
Amortization
 
               
Goodwill
Indefinite
 
$
2,201,828
     
-
 
Intangible Assets
                 
     Intangible assets not subject to amortization
                 
     Trademarks
Indefinite
   
294,268
     
-
 
     Intangible assets subject to amortization
                 
     Customer list
5 - 15
   
897,274
     
607,675
 
     Non-compete agreements
4
   
262,147
     
248,493
 
                   
Total Intangible Assets
     
1,453,689
     
856,168
 
                   
Total Goodwill and Intangible Assets
   
$
3,655,517
   
$
856,168
 
Scheduled amortization over next five years
 
For The Twelve Months ending March 31,
     
2014
 
$
193,108
 
2015
   
61,639
 
2016
   
30,635
 
2017
   
17,871
 
Total
 
$
303,253