| INTANGIBLE ASSETS, NET |
| |
|
Original
Fair Market Value |
|
|
Accumulated
Amortization |
|
|
Net |
|
| Balance - September 30, 2015: |
|
|
|
|
|
|
|
|
|
|
|
|
| Vendor relationships |
|
$ |
1,170,000 |
|
|
$ |
624,000 |
|
|
$ |
546,000 |
|
| Trade name |
|
|
230,000 |
|
|
|
122,667 |
|
|
|
107,333 |
|
| Noncompete agreement |
|
|
2,710,000 |
|
|
|
1,444,833 |
|
|
|
1,265,167 |
|
| |
|
$ |
4,110,000 |
|
|
$ |
2,191,500 |
|
|
$ |
1,918,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|