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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision

Following is a summary of the components giving rise to the income tax provision (benefit) for the years ended December 31:

		2015				2014
Currently payable:
Federal		$	-			$	-
State			5,836				6,735
Total currently payable			5,836				6,735
Deferred:
Federal			(990,745	)			(13,939,671	)
State			(147,674	)			488,406
Total deferred			(1,138,419	)			(13,451,265	)
Less: increase in allowance			1,154,767				12,455,900
Net deferred			16,348				(995,365	)
Total income tax provision (benefit)		$	22,184			$	(988,630	)

Schedule of Deferred Tax Assets and Liabilities

Individual components of deferred taxes are as follows:
Deferred tax assets:			2015				2014
Net operating loss carry forwards		$	17,383,770			$	16,104,083
Equity issued for services			855,139				1,050,348
Goodwill and other intangibles			692,470				773,019
Investment in pass-through entity			268,476				268,476
Other			681,889				591,259
Gross deferred tax assets			19,881,744				18,787,185
Deferred tax liabilities:
Goodwill and other intangibles			291,706				312,277
Depreciation and amortization			289,534				312,823
Gross deferred tax liabilities			581,240				625,100
Less valuation allowance			(19,462,611	)			(18,307,844	)
Net deferred tax liabilities		$	(162,107	)		$	(145,759	)

Schedule of Effective Income Tax Rate Reconciliation

The differences between the United States statutory federal income tax rate and the effective income tax rate in the accompanying consolidated statements of operations are as follows:

		2015				2014
Statutory United States federal rate			34.0	%			34.0	%
State income taxes net of federal benefit			0.7				(0.7	)
Noncontrolling interest in pass-through entity			-				(3.4	)
Permanent differences			(23.3	)			(2.3	)
Other			(3.5	)			1.1
Change in valuation reserves			(8.1	)			(26.6	)
Effective tax rate			(0.2	)%			2.1	%

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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