INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

The components of intangibles assets consisted of the following:

	September 30,			December 31,
	2016			2015
	(Unaudited)
Customer Relationships	$	6,555,000		$	6,555,000		5 to 14 years
Trade Names		1,480,000			1,480,000		15 to 20 years
Technical Know-how		660,000			660,000		10 years
Non-Compete		150,000			150,000		5 years
Professional Certifications		15,000			15,000		.25 to 2 years
Total Intangible Assets		8,860,000			8,860,000
Less: Accumulated Amortization		(5,967,000	)		(5,008,000	)
Intangible Assets, net	$	2,893,000		$	3,852,000

Amortization expense for the three months ended September 30, 2016 and 2015 was approximately $320,000 and $309,000, respectively. Amortization expense for the nine months ended September 30, 2016 and 2015 was approximately $960,000 and $923,000, respectively.