XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.7.0.1

INTANGIBLE ASSETS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | Shown below are the details of intangible assets at June 30, 2017 and December 31, 2016:
|  | IP Software |  | Portfolios and Client Lists |  | Client Acquisition Costs |  | PCI Certification |  | Trademarks |  | Domain Names |  | Covenant Not to Compete |  | Total |
Balance at December 31, 2015 |  | $ | 1,548,601 |  | $ | 1,489,175 |  | $ | 1,048,060 |  | $ | 355,458 |  | $ | 561,772 |  | $ | 339,147 |  | $ | 81,667 |  | $ | 5,423,880 |
Additions |  |  | 102,689 |  |  | - |  |  | 1,319,820 |  |  |  |  |  |  |  |  | 83 |  |  |  |  |  | 1,422,592 |
Amortization |  |  | (1,271,226) |  | $ | (704,184) |  |  | (670,543) |  |  | (149,668) |  |  | (234,064) |  |  | (145,270) |  |  | (81,667) |  |  | (3,256,622) |
Balance at December 31, 2016 |  |  | 380,064 |  |  | 784,991 |  |  | 1,697,337 |  |  | 205,790 |  |  | 327,708 |  |  | 193,960 |  |  | - |  |  | 3,589,850 |
Additions |  |  | 45,591 |  |  | - |  |  | 403,585 |  |  | - |  |  | - |  |  | - |  |  |  |  |  | 449,176 |
Amortization |  |  | (60,739) |  |  | (158,434) |  |  | (221,195) |  |  | (37,417) |  |  | (58,516) |  |  | (36,317) |  |  | - |  |  | (572,618) |
Balance at March 31, 2017 |  | $ | 364,916 |  | $ | 626,557 |  | $ | 1,879,727 |  | $ | 168,373 |  | $ | 269,192 |  | $ | 157,643 |  | $ | - |  | $ | 3,466,408 |
Additions |  |  | - |  |  | - |  |  | 403,300 |  |  | - |  |  | - |  |  | - |  |  |  |  |  | 403,300 |
Disposals |  |  | (11,099) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (11,099) |
Amortization |  |  | (49,042) |  |  | (117,501) |  |  | (251,485) |  |  | (37,417) |  |  | (59,004) |  |  | (35,931) |  |  | - |  |  | (550,380) |
Balance at June 30, 2017 |  | $ | 304,775 |  | $ | 509,056 |  | $ | 2,031,542 |  | $ | 130,956 |  | $ | 210,188 |  | $ | 121,712 |  | $ | - |  | $ | 3,308,229 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The following table presents the estimated aggregate future amortization expense of other intangible assets:
Year |  | Amortization Expense |
2017 (6 months) |  | $ | 675,687 |
2018 |  |  | 1,111,820 |
2019 |  |  | 1,111,821 |
2020 |  |  | 408,901 |
2021 |  |  | - |
Total |  | $ | 3,308,229 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + 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=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration