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Goodwill (Tables) | 12 Months Ended
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Dec. 31, 2016
Goodwill Disclosure [Abstract] |
Schedule of Goodwill | Goodwill reflects the value or premium of the acquisition price in excess of the fair values assigned to specific tangible and intangible assets. Goodwill has an indefinite useful life and therefore is not amortized as an expense, but is reviewed annually for impairment based on its fair value to the Company. Goodwill was recorded on the acquisition of the XTRAC and VTRAC businesses as the purchase price exceeded the net assets of the business. (See Note 2, Acquisition.)
Balance at January 1, 2016 |  | $ | 8,928 |
Return of purchase price from escrow |  |  | (125 | )
Balance at December 31, 2016 |  | $ | 8,803 |
The Company has no accumulated impairment losses of goodwill related to its continuing operations as of December 31, 2016. The goodwill was allocated among the reportable segments as of December 31, 2016 in accordance with the provisions of ASC Topic 350-20 Intangibles-Goodwill and consisted of the following:
|  | December 31, 2016 |
Dermatology Recurring Procedures segment |  | $ | 7,958 |
Dermatology Procedures Equipment segment |  |  | 845 |
Total goodwill |  | $ | 8,803 |

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