INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

The components of intangibles assets consisted of the following:

	September 30, 2017			December 31, 2016			Amortization Period
	(Unaudited)
Customer relationships		6,115,000		$	6,115,000		5 to 14 years
Trade names		970,000			970,000		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		7,910,000			7,910,000
Less: accumulated amortization		(6,786,000	)		(6,156,000	)
Intangible assets, net	$	1,124,000		$	1,754,000

Amortization expense for the three months ended September 30, 2017 and 2016 was approximately $49,000 and $320,000, respectively. Amortization expense for the nine months ended September 30, 2017 and 2016 was approximately $630,000 and $960,000, respectively.