XML 31 R14.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2013
Other Intangible Assets |
Other Intangible Assets | (9) Other Intangible Assets The carrying values of the company’s definite lived intangible assets as of September 30, 2013, and December 31, 2012, are as follows:
|  | Patents |  | Non-compete |  | Customer list |  | Total |
Estimated useful life |  | 14 years |  | 5 years |  | 5 years |  |  |
Gross amount at September 30, 2013 |  | $ | 428,806 |  | $ | 512,000 |  | $ | 2,046,436 |  | $ | 2,987,242 |
Accumulated amortization at September 30, 2013 |  | (428,806 | ) | (225,800 | ) | (866,895 | ) | (1,521,501 | )
Net balance at September 30, 2013 |  | $ | — |  | $ | 286,200 |  | $ | 1,179,541 |  | $ | 1,465,741 |
Gross amount at December 31, 2012 |  | $ | 428,806 |  | $ | 512,000 |  | $ | 2,306,436 |  | $ | 3,247,242 |
Accumulated amortization at December 31, 2012 |  | (428,806 | ) | (156,500 | ) | (577,995 | ) | (1,163,301 | )
Net balance at December 31, 2012 |  | $ | — |  | $ | 355,500 |  | $ | 1,728,441 |  | $ | 2,083,941 |
Amortization expense related to intangible assets was $119,400 and $40,051 for the three-month periods ended September 30, 2013, and 2012, respectively, and $358,200 and $123,707 for the nine-month periods ended September 30, 2013, and 2012, respectively. Future amortization will be:
Remainder of: |  |  |
2013 |  | $ | 119,400 |
2014 |  | 392,933 |
2015 |  | 317,796 |
2016 |  | 317,796 |
2017 |  | 317,816 |
Total |  | $ | 1,465,741 |

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=26713463&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=26713463&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=26713463&loc=d3e16265-109275 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration