Goodwill and Indefinite Lived Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Indefinite Lived Intangible Assets

Goodwill
Balance as of December 31, 2017		-
Additions	$	2,534,275
Impairment		-
Balance as of December 31, 2018 and September 30, 2019	$	2,534,275

Indefinite Lived Intangible Assets
Balance as of December 31, 2017		-
Additions	$	770,000
Impairment		-
Balance as of December 31, 2018 and September 30, 2019	$	770,000

Indefinite lived intangible assets consist of trade secrets and trademarks related to the acquisition of EnP Investments LLC.

Definite Life Intangible Assets
Balance as of December 31, 2017		-
Additions	$	2,398,000
Amortization		(40,000	)
Balance as of December 31, 2018		2,358,000
Amortization		(132,000	)
Balance as of September 30, 2019	$	2,226,000

Schedule of Estimated Future Amortization Expense

Estimated amortization expense over the next five years is as follows:

2019	$	44,000
2020		176,000
2021		176,000
2022		160,000
2023		160,000