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, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

                   
        June 30, 2015  
    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     825,792  
Non-compete agreements   4     262,147     262,147  
                   
Total Intangible Assets         1,453,689     1,087,939  
                   
Total Goodwill and Intangible Assets       $ 3,655,517   $ 1,087,939  

 

Schedule of amortization over the next five years

Scheduled amortization over the next five years as follows:

         
For The Twelve Months Ending June 30,        
2015   $ 30,635  
2016     30,635  
2017     10,212  
Total   $ 71,482