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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