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Note 7 - Intangible Assets | 6 Months Ended
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Jun. 30, 2018
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] | NOTE 7. INTANGIBLE ASSETS Intangible assets consist of the following:
|  | June 30, 2018 |  |  | December 31, 2017 |
|  |  |  |  |  | Accumulated |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Cost |  |  | Amortization |  |  | Balance |  |  | Cost |  |  | Amortization |  |  | Balance |
Customer relationships |  | $ | 7,818,900 |  |  | $ | (4,232,685 | ) |  | $ | 3,586,215 |  |  | $ | 8,132,900 |  |  | $ | (2,970,533 | ) |  | $ | 5,162,367 |
Permits, licenses, and lease acquisition costs |  |  | 2,181,621 |  |  |  | (239,472 | ) |  |  | 1,942,149 |  |  |  | 2,184,106 |  |  |  | (178,835 | ) |  |  | 2,005,271 |
Site location |  |  | 849,347 |  |  |  | (51,904 | ) |  |  | 797,443 |  |  |  | 849,347 |  |  |  | (23,593 | ) |  |  | 825,754 |
Noncompetition agreements |  |  | 285,000 |  |  |  | (94,917 | ) |  |  | 190,083 |  |  |  | 285,000 |  |  |  | (66,417 | ) |  |  | 218,583 |
Trade names and trademarks |  |  | 722,200 |  |  |  | (158,417 | ) |  |  | 563,783 |  |  |  | 722,200 |  |  |  | (112,250 | ) |  |  | 609,950 |
Technology |  |  | 138,000 |  |  |  | (99,660 | ) |  |  | 38,340 |  |  |  | 138,000 |  |  |  | (76,662 | ) |  |  | 61,338 |
Nonsolicitation agreement |  |  | 28,000 |  |  |  | (28,000 | ) |  |  | - |  |  |  | 28,000 |  |  |  | (28,000 | ) |  |  | - |
Easements |  |  | 486,850 |  |  |  | - |  |  |  | 486,850 |  |  |  | 466,360 |  |  |  | - |  |  |  | 466,360 |
Total |  | $ | 12,509,918 |  |  | $ | (4,905,055 | ) |  | $ | 7,604,863 |  |  | $ | 12,805,913 |  |  | $ | (3,456,290 | ) |  | $ | 9,349,623 |
The future amortization associated with the intangible assets is as follows:
|  | June 30, |  |  |  |  |  |  |  |  |
|  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | Thereafter |  |  | Total |
Customer relationships |  | $ | 2,256,238 |  |  | $ | 1,210,675 |  |  | $ | 119,302 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 3,586,215 |
Permits, licenses, and lease acquisition costs |  |  | 125,742 |  |  |  | 125,742 |  |  |  | 125,742 |  |  |  | 125,742 |  |  |  | 125,742 |  |  |  | 1,313,439 |  |  |  | 1,942,149 |
Site location |  |  | 56,623 |  |  |  | 56,623 |  |  |  | 56,623 |  |  |  | 56,623 |  |  |  | 56,623 |  |  |  | 514,328 |  |  |  | 797,443 |
Noncompetition agreements |  |  | 57,000 |  |  |  | 56,417 |  |  |  | 40,500 |  |  |  | 28,000 |  |  |  | 8,166 |  |  |  | - |  |  |  | 190,083 |
Trade names and trademarks |  |  | 74,000 |  |  |  | 67,933 |  |  |  | 64,900 |  |  |  | 64,900 |  |  |  | 64,900 |  |  |  | 227,150 |  |  |  | 563,783 |
Technology |  |  | 38,340 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 38,340 |
Total |  | $ | 2,607,943 |  |  | $ | 1,517,390 |  |  | $ | 407,067 |  |  | $ | 275,265 |  |  | $ | 255,431 |  |  | $ | 2,054,917 |  |  | $ | 7,118,013 |
Amortization expense for the three months ended June 30, 2018 and 2017 was $690,905 and $422,673, respectively. Amortization expense for the six months ended June 30, 2018 and 2017 was $1,451,240 and $795,899, respectively.
Future Amortization The weighted average amortization period, in months, for intangible assets is as follows:
Customer relationships |  |  | 17 |
Permits, licenses, and lease acquisition costs |  |  | 185 |
Site location |  |  | 169 |
Noncompetition agreements |  |  | 40 |
Trade names and trademarks |  |  | 67 |
Technology |  |  | 10 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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