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Goodwill and Intangible Assets (Details Textual) (USD $)
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6 Months Ended | |
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Jun. 30, 2014
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Jun. 30, 2013
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| Goodwill and Intangible Assets (Textual) | ||
| Amortization expense | $ 119,765 | $ 122,495 |
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- Details
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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