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GOODWILL AND INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of accumulated amortization of intangible assets

The gross carrying amount and accumulated amortization of intangible assets were as follows as of December 31, 2020 and December 31, 2019:

 

    December 31,     December 31,  
    2020     2019  
Intangible assets subject to amortization                
Customer relationships gross carrying amount   $ 14,050,000     $ 14,050,000  
Less: accumulated amortization     (582,917 )     -  
Total   $ 13,467,083     $ 14,050,000  
                 
Intangible assets not subject to amortization                
Brands total carrying amount   $ 3,123,000     $ 3,123,000  
Total Intangibles   $ 16,590,083     $ 17,173,000  
Schedule future estimated amortization expense

The following is the future estimated amortization expense related to customer relationships as of December 31, 2020:

 

Year ending December 31,      
2021   $ 562,000  
2022     562,000  
2023     562,000  
2024     562,000  
2025     562,000  
Thereafter     10,657,083