| INTANGIBLE ASSETS, NET |
| |
|
Original Fair
Market Value |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
|
|
|
|
|
|
|
|
| Balance - March 31, 2015: |
|
|
|
|
|
|
|
|
|
|
|
|
| Vendor relationships |
|
$ |
1,170,000 |
|
|
$ |
507,000 |
|
|
$ |
663,000 |
|
| Trade name |
|
|
230,000 |
|
|
|
99,667 |
|
|
|
130,333 |
|
| Noncompete agreement |
|
|
2,710,000 |
|
|
|
1,173,833 |
|
|
|
1,536,167 |
|
| |
|
$ |
4,110,000 |
|
|
$ |
1,780,500 |
|
|
$ |
2,329,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance - December 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
| Vendor relationships |
|
$ |
1,170,000 |
|
|
$ |
448,000 |
|
|
$ |
722,000 |
|
| Trade name |
|
|
230,000 |
|
|
|
88,167 |
|
|
|
141,833 |
|
| Noncompete agreement |
|
|
2,710,000 |
|
|
|
1,038,833 |
|
|
|
1,671,167 |
|
| |
|
$ |
4,110,000 |
|
|
$ |
1,575,000 |
|
|
$ |
2,535,000 |
|
|