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Intangible Assets | 6 Months Ended
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Jun. 30, 2014
Notes to Financial Statements |
Note 3 - Intangible Assets | Intangible assets, and the related accumulated amortization, consist of the following:
|  | June 30, 2014 |  |  | June 30, 2013 |  |  | December 31, 2013 |
|  | Cost |  |  | Accumulated Amortization |  |  | Cost |  |  | Accumulated Amortization |  |  | Cost |  |  | Accumulated Amortization |
Recipes |  | $ | 43,600 |  |  | $ | 43,600 |  |  | $ | 43,600 |  |  | $ | 43,600 |  |  | $ | 43,600 |  |  | $ | 43,600 |
Customer lists and other customer related intangibles |  |  | 4,504,200 |  |  |  | 2,700,754 |  |  |  | 4,504,200 |  |  |  | 2,249,544 |  |  |  | 4,504,200 |  |  |  | 2,474,790 |
Customer relationship |  |  | 985,000 |  |  |  | 631,827 |  |  |  | 985,000 |  |  |  | 561,743 |  |  |  | 985,000 |  |  |  | 596,785 |
Trade names |  |  | 2,248,000 |  |  |  | 1,103,266 |  |  |  | 2,248,000 |  |  |  | 953,402 |  |  |  | 2,248,000 |  |  |  | 1,028,334 |
Formula |  |  | 438,000 |  |  |  | 346,750 |  |  |  | 438,000 |  |  |  | 302,950 |  |  |  | 438,000 |  |  |  | 324,850 |
|  | $ | 8,218,800 |  |  | $ | 4,826,197 |  |  | $ | 8,218,800 |  |  | $ | 4,111,239 |  |  | $ | 8,218,800 |  |  | $ | 4,468,359 |
Amortization expense is expected to be approximately the following for the 12 months ending June 30:
2015 |  | $ | 715,677 |
2016 |  |  | 715,677 |
2017 |  |  | 675,527 |
2018 |  |  | 671,877 |
2019 |  |  | 408,261 |
Thereafter |  |  | 205,584 |
|  | $ | 3,392,603 |
Amortization expense during the six months ended June 30, 2014 and 2013 was $357,839 and $355,683, respectively.

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- 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
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