Finite lives intangible assets |
|
|
|
|
December 31, 2016 |
|
December 31, 2015 |
|
|
Estimated Useful Life in Years |
|
Gross Carrying Amount |
|
Accumulated Amortization |
|
|
Net
Carrying Value
|
|
Gross Carrying Amount |
|
Accumulated Amortization |
|
|
Net Carrying Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer Relationships |
|
5 to 12 |
|
$ |
8,960,700 |
|
$ |
(780,960 |
) |
|
$ |
8,179,740 |
|
$ |
212,400 |
|
$ |
(113,988 |
) |
|
$ |
98,412 |
Trade Brands |
|
2 to 8 |
|
|
495,520 |
|
|
(89,907 |
) |
|
|
405,613 |
|
|
20,520 |
|
|
– |
|
|
|
20,520 |
Dispensary License |
|
14 |
|
|
10,270,000 |
|
|
(550,179 |
) |
|
|
9,719,821 |
|
|
– |
|
|
– |
|
|
|
– |
Patent |
|
2 |
|
|
3,078 |
|
|
(1,154 |
) |
|
|
1,924 |
|
|
– |
|
|
– |
|
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amortized Intangible Assets |
|
|
|
|
19,729,298 |
|
|
(1,422,200 |
) |
|
|
18,307,098 |
|
|
232,920 |
|
|
(113,988 |
) |
|
|
118,932 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unamortized Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade Name |
|
Indefinite |
|
|
5,320,000 |
|
|
– |
|
|
|
5,320,000 |
|
|
– |
|
|
– |
|
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Unamortized Intangible Assets |
|
|
|
|
5,320,000 |
|
|
– |
|
|
|
5,320,000 |
|
|
– |
|
|
– |
|
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Intangible Assets |
|
|
|
$ |
25,049,298 |
|
$ |
(1,422,200 |
) |
|
$ |
23,627,098 |
|
$ |
232,920 |
|
$ |
(113,988 |
) |
|
$ |
118,932 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|