Quarterly report pursuant to Section 13 or 15(d)

Amortizable Intangible Assets (Tables)

v3.7.0.1
Amortizable Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Amortizable Intangible Assets [Abstract]  
Schedule of intangible assets
                Amortization  
    2017     2016     Period  
Customer list   $ 1,681,560     $ 1,468,608       5 Years  
Website costs     5,954       5,954       3 Years  
Licenses and permits     66,318       66,318       10 Years  
Non-compete agreements     28,519       20,000       5 Years  
Less accumulated amortization     (449,939 )     (376,621 )        
Intangible assets, net   $ 1,332,412     $ 1,184,259
Schedule of estimated aggregate amortization expense
Year Ending      
2017 (Remaining)   $ 242,103  
2018     321,812  
2019     320,819  
2020     320,819  
2021     84,263  
Thereafter     42,596  
Total   $ 1,332,412
Schedule of reconciliation of amortizable intangible assets
Reconciliation of amortizable Intangibles   Customer
Lists
    Permits     Non 
Compete
    Website     Total  
Balance at December 31, 2015, net   $ 1,340,889     $ 65,502     $ -       6,962     $ 1,413,353  
Acquisition of Sivart on May 11, 2016     79,547       -       10,000       -       89,547  
Acquisition of Northeast on December 31, 2016     135,165       -       10,000       -       145,165  
Website discount from vendor     -       -       -       (2,000 )     (2,000 )
Amortization expense     (293,546 )     (4,965 )     (1,333 )     (1,985 )     (301,829 )
Impairment charge for WRE Customer list     (159,977 )     -       -       -       (159,977 )
Balance at December 31, 2016, net   $ 1,102,078     $ 60,537     $ 18,667       2,977     $ 1,184,259  
Acquisition of Burt’s Refuse on February 28, 2017     212,953       -       8,518       -       221,471  
Amortization expense     (70,439 )     (1,241 )     (1,142 )     (496 )     (73,318 )
Balance at March 31, 2017, net   $ 1,244,592     $ 59,296     $ 26,043       2,481     $ 1,332,412