Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

 

          September 30, 2016  
    Estimated              
    life     Gross     Accumulated  
    in years     amount     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       864,086  
Non-compete agreements     4       262,147       262,147  
                         
Total Intangible Assets             1,453,689       1,126,233  
                         
Total Goodwill and Intangible Assets           $ 3,655,517     $ 1,126,233  
Schedule of amortization over the next two years

Scheduled amortization over the next two years as follows:

 

For The Twelve Months ending September 30,                        
2017                     25,529  
Total                   $ 25,529