Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

 

        March 31, 2016  
   

Estimated
life

in years

  

Gross

amount

    

Accumulated

Amortization

  
                 
Goodwill   Indefinite   $ 2,201,828       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       848,768  
Non-compete agreements   4     262,147       262,147  
                     
Total Intangible Assets         1,453,689       1,110,915  
                     
Total Goodwill and Intangible Assets       $ 3,655,517     $ 1,110,915  
Schedule of amortization over the next five years

Scheduled amortization over the next two years as follows:

 

For The Twelve Months ending March 31,      
2017     22,976  
2018     25,530  
Total   $ 48,506