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INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2016
INTANGIBLE ASSETS, NET  
Schedule of intangible assets, net

 

 

December 31, 2016

 

December 31, 2015

 

Intangible Assets

 

$

30,214,116

 

$

41,014,992

 

Accumulated Amortization & Impairment

 

(17,899,488

)

(15,557,353

)

 

 

 

 

 

 

Intangible assets, net

 

$

12,314,628

 

$

25,457,639

 

 

 

 

 

 

 

 

 

 

Schedule of future amortization of current intangible assets, net

2017

 

$

2,317,258 

 

2018

 

1,885,345 

 

2019

 

1,801,910 

 

2020

 

1,492,503 

 

2021

 

1,324,119 

 

2022 and thereafter

 

3,493,493 

 

 

 

 

 

Total

 

$

12,314,628