Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.6
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets [Abstract]  
Schedule of goodwill and intangible assets
 
         
December 31, 2012
  
   
Estimated life in years
    
Gross amount
    
Accumulated Amortization
  
                   
Goodwill
  
Indefinite
    
$
2,201,828
      
-
  
                       
     Intangible assets not subject to amortization
                      
     Trademarks
  
Indefinite
      
294,268
      
-
  
     Intangible assets subject to amortization
                      
     Customer list
   5 - 15      
897,274
      
383,354
  
     Non-compete agreements
   4      
262,147
      
166,574
  
                         
Total Intangible Assets
            
1,453,689
      
549,928
  
                         
Total Goodwill and Intangible Assets
          
$
3,665,517
    
$
549,928
  
 
Scheduled amortization over next five years
 
 
Twelve months ending December 31,
      
2013
  
$
244,992
  
2014
    
209,492
  
2015
    
98,844
  
2016
    
30,635
  
2017
    
25,530
  
Total
  
$
609,495