8. Goodwill and Intangible assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill And Intangible Assets Tables

Goodwill and Intangible assets

	December 31,
	2012		2011
Licensing rights for events	$	–	$	350,500
Goodwill for ProElite		1,935,621		1,935,621
Goodwill for Stratus Rewards		–		1,073,345
Total intangible assets and goodwill	$	1,935,621	$	3,359,466

Goodwill, intangible assets and impairment charges

	December 31,		Impairment Charges		December 31,		Impairment Charges		Amortization of Intangibles		December 31,
	2012		in 2012		2011		in 2011		in 2011		2010
Intangible assets:
Beverly Hills Concours d'Elegance	$	–	$	2,500	$	2,500	$	167,458	$	–	$	169,958
Santa Barbara Concours d'Elegance		–		53,000		53,000		190,000		–		243,000
Core Tour		–		100,000		100,000		967,069		–		1,067,069
Freedom Bowl		–		190,000		190,000		154,232		–		344,232
Stratus Rewards		–		–		–		86,019		45,410		131,430
Maui Music Festival		–		5,000		5,000		295,000		–		300,000
Total intangible assets		–		350,500		350,500		1,859,778		45,410		2,255,689
Goodwill:
Stratus Rewards		–		1,073,345		1,073,345		–		–		1,073,345
ProElite		1,935,621		–		1,935,621		n/a		–		n/a
Total goodwill and intangible assets	$	1,935,621	$	1,423,845	$	3,359,466	$	1,859,778	$	45,410	$	3,329,034