XML 44 R12.htm IDEA: XBRL DOCUMENT
v2.4.0.8

INTANGIBLE ASSETS | 3 Months Ended
--- | ---
Mar. 31, 2014
INTANGIBLE ASSETS [Abstract] |
INTANGIBLE ASSETS | NOTE 5 – INTANGIBLE ASSETS The Company had goodwill in the amount of $28,515 as of March 31, 2014 and December 31, 2013 subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.” Identifiable intangible assets with finite lives at March 31, 2014 and December 31, 2013 are summarized as follows:
|  | Amortization Period (in years) |  |  | Gross Carrying Amount at 3/31/14 |  |  | Accumulated Amortization at 3/31/14 |  |  | Gross Carrying Amount at 12/31/13 |  |  | Accumulated Amortization at 12/31/13 |
Customer lists |  |  | 10 |  |  | $ | 37,142 |  |  | $ | 25,462 |  |  | $ | 37,142 |  |  | $ | 24,552 |
Regulatory registration costs |  |  | 5-10 |  |  |  | 1,671 |  |  |  | 553 |  |  |  | 1,644 |  |  |  | 514 |
Patents & trade secrets |  |  | 15-17 |  |  |  | 1,593 |  |  |  | 870 |  |  |  | 1,593 |  |  |  | 849 |
Trademarks & trade names |  |  | 17 |  |  |  | 910 |  |  |  | 474 |  |  |  | 910 |  |  |  | 461 |
Other |  |  | 5-10 |  |  |  | 754 |  |  |  | 553 |  |  |  | 754 |  |  |  | 541 |
|  |  |  |  |  | $ | 42,070 |  |  | $ | 27,912 |  |  | $ | 42,043 |  |  | $ | 26,917 |
Amortization of identifiable intangible assets was approximately $995 for the three months ended March 31, 2014. Assuming no change in the gross carrying value of identifiable intangible assets, the estimated amortization expense for the remainder of 2014 is $3,000, approximately $4,000 for 2015, $3,700 for 2016, $1,400 for 2017 and $600 per annum for 2018 through 2019. At March 31, 2014, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in “Intangible assets with finite lives, net” in the Company’s condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the three months ended March 31, 2014.

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration