Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets [Abstract]  
Schedule of goodwill and intangible assets

 		     June 30, 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       652,539  
Non-compete agreements   4     262,147       262,147  
                     
Total Intangible Assets         1,453,689       914,686  
                     
Total Goodwill and Intangible Assets       $ 3,655,517     $ 914,686  
 
Scheduled amortization over next five years
For The Twelve Months ending June 30,      
2014   $ 173,254  
2015     30,635  
2016     30,635  
2017     10,212  
Total   $ 244,736