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Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2013
Other Intangible Assets [Abstract] |
Schedule of Other Intangible Assets | Other intangible assets are comprised of the following:
|  |  |  | June 30, 2013 |  |  | December 31, 2012 |
|  | Useful Life |  | Gross Carrying Amount |  |  | Accumulated Amortizaton |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortizaton |  |  | Net Carrying Amount |
Acquired intangibles |  | 5 -10 years |  | $ | 2,405,300 |  |  | $ | 1,365,917 |  |  | $ | 1,039,383 |  |  | $ | 2,405,300 |  |  | $ | 1,243,865 |  |  | $ | 1,161,435 |
Patent application costs |  | Varied (1) |  |  | 1,009,220 |  |  |  | 311,672 |  |  |  | 697,548 |  |  |  | 956,714 |  |  |  | 265,472 |  |  |  | 691,242 |
|  |  |  | $ | 3,414,520 |  |  | $ | 1,677,589 |  |  | $ | 1,736,931 |  |  | $ | 3,362,014 |  |  | $ | 1,509,337 |  |  | $ | 1,852,677 |
(1)- patent rights are amortized over their expected useful life which is generally the legal life of the patent. As of June 30, 2013, the weighted average remaining useful life of these assets in service was approximately 9.8 years.
Schedule of Estimated Future Amortization of Intangible Assets | Approximate expected amortization for each of the five succeeding fiscal years is as follows:
2014 |  | $ | 314,000 |
2015 |  | $ | 314,000 |
2016 |  | $ | 227,000 |
2017 |  | $ | 189,000 |
2018 |  | $ | 176,000 |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived 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 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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