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7. INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2012
Intangible Assets Tables |
Intangible assets | The components of the intangibles assets at December 31, consisted of the following:
|  | December 31, |  |  | December 31, |  |
|  | 2012 |  |  | 2011 |  |
Customer Relationships |  | $ | 5,815,000 |  |  | $ | 890,000 |  | 5 to 14 years
Trade Names |  |  | 770,000 |  |  |  | 770,000 |  | 20 years
Technical Know-how |  |  | 660,000 |  |  |  | 660,000 |  | 10 years
Non-Compete |  |  | 50,000 |  |  |  | - |  | 5 years
Professional Certifications |  |  | 15,000 |  |  |  | 15,000 |  | .25 to 2 years
Total Intangible Assets |  |  | 7,310,000 |  |  |  | 2,335,000 |  |
Less: Accumulated Amortization |  |  | (1,421,000 | ) |  |  | (728,000 | ) |
Intangible Assets, net |  | $ | 5,889,000 |  |  | $ | 1,607,000 |  |
Future amortization of intangibles | Future amortization of intangibles is as follows:
For the year ending |  | Amount |
December 31, 2013 |  | $ | 1,163,000 |
December 31, 2014 |  |  | 1,163,000 |
December 31, 2015 |  |  | 1,163,000 |
December 31, 2016 |  |  | 1,163,000 |
December 31, 2017 |  |  | 616,000 |
Thereafter |  |  | 621,000 |
Total |  | $ | 5,889,000 |

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- Definition Tabular disclosure of the estimated aggregate amortization expense for intangible assets subject to amortization for each of the five succeeding fiscal years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 + Details
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