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Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The table below provides a reconciliation of the beginning and ending balances of the Goodwill recorded on the Company’s balance sheet:

 

Beginning balance - December 31, 2016   $ 1,330  
GM&P Acquisition     18,844  
Measurement period adjustment     (275 )
Ending balance – June 30, 2017   $ 19,899  
Schedule of Finite-Lived Intangible Assets

Intangible assets include Miami-Dade County Notices of Acceptances (NOA’s), which are certificates in the required to market hurricane- resistant glass in Florida. Also, it includes the intangibles acquired from the acquisition of GM&P and Componenti.

 

    June 30, 2017     December 31, 2016  
    Gross     Acc. Amort.     Net     Gross     Acc. Amort.     Net  
Trade Names   $ 980     $ (65 )   $ 915     $ -     $ -     $ -  
Notice of Acceptances (NOAs) and product designs     9,321       (4,261 )     5,060       8,524       (3,969 )     4,555  
Non-compete Agreement     165       (11 )     154       -       -       -  
Contract Backlog     3,090       (515 )     2,575       -       -       -  
Customer Relationships     4,140       (296 )     3,844       -               -  
    $ 17,696     $ (5,148 )   $ 12,548     $ 8,524     $ (3,969 )   $ 4,555  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated aggregate amortization expense for each of the five succeeding years as of June 30, 2017 is as follows:

 

Year Ending     (in thousands)  
2017 (six months)     $ 1,604  
2018       3,322  
2019       2,034  
2020       1,655  
2021       1,624  
Thereafter       2,309  
      $ 12,548