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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of intangible assets by major asset class | The following sets forth the goodwill and intangible assets by major asset class:
|  |  | December 31, 2016 |  | December 31, 2015
| Useful Life (Yrs) | Gross |  | Accumulated Amortization |  | Net Book Value |  | Gross |  | Accumulated Amortization |  | Net Book Value
Indefinite lived: |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill(a) |  |  | $ | 10,513,371 |  |  | $ | — |  |  | $ | 10,513,371 |  |  | $ | 10,113,371 |  |  | $ | — |  |  | $ | 10,113,371 |
Definite lived: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 8 – 17 |  | 5,802,528 |  |  | (5,618,854 | ) |  | 183,674 |  |  | 5,802,528 |  |  | (5,516,122 | ) |  | 286,406 |
Licenses | 8 – 17 |  | 1,323,761 |  |  | (1,161,861 | ) |  | 161,900 |  |  | 1,323,761 |  |  | (1,133,113 | ) |  | 190,648 |
CELLECTRA®(b) | 5 – 11 |  | 8,106,270 |  |  | (6,825,028 | ) |  | 1,281,242 |  |  | 8,106,270 |  |  | (6,397,947 | ) |  | 1,708,323 |
GHRH(b) | 11 |  | 335,314 |  |  | (240,264 | ) |  | 95,050 |  |  | 335,314 |  |  | (208,581 | ) |  | 126,733 |
Bioject (c) | 2 – 15 |  | 5,100,000 |  |  | (562,222 | ) |  | 4,537,778 |  |  | — |  |  | — |  |  | — |
Other(d) | 18 |  | 4,050,000 |  |  | (2,681,250 | ) |  | 1,368,750 |  |  | 4,050,000 |  |  | (2,456,250 | ) |  | 1,593,750 |
Total intangible assets |  |  | 24,717,873 |  |  | (17,089,479 | ) |  | 7,628,394 |  |  | 19,617,873 |  |  | (15,712,013 | ) |  | 3,905,860 |
Total goodwill and intangible assets |  |  | $ | 35,231,244 |  |  | $ | (17,089,479 | ) |  | $ | 18,141,765 |  |  | $ | 29,731,244 |  |  | $ | (15,712,013 | ) |  | $ | 14,019,231 |
(a) | Goodwill was recorded from the Inovio AS acquisition in January 2005, the acquisition of VGX in June 2009 and the acquisition of Bioject in April 2016 for $3.9 million, $6.2 million and $400,000, respectively.
(b) | CELLECTRA® and GHRH are developed technologies which were recorded from the acquisition of VGX.
(c) | Bioject intangible assets represent the fair value of developed technology and intellectual property which were recorded from the acquisition of Bioject.
(d) | Other intangible assets represent the fair value of acquired intellectual property from the Inovio AS acquisition.
Schedule of finite-lived intangible assets, future amortization expense | Amortization expense related to intangible assets at December 31, 2016 for each of the next five fiscal years and beyond is expected to be incurred as follows:
2017 | $ | 1,618,664 |
2018 | 1,249,584 |
2019 | 1,066,251 |
2020 | 547,081 |
2021 | 520,414 |
Thereafter | 2,626,400 |
| $ | 7,628,394 |

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