6. ACQUISITION OF ASSETS (Details Narrative) (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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Equity Method Investments and Joint Ventures [Abstract] | ||
Amortization of intangible assets 2015 | $ 822,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths | |
Amortization of intangible assets 2016 | 822,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo | |
Amortization of intangible assets 2017 | 822,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree | |
Amortization of intangible assets 2018 | 68,500us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour | |
Amortization expense | $ 821,500us-gaap_AmortizationOfIntangibleAssets | $ 753,500us-gaap_AmortizationOfIntangibleAssets |
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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