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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2018
Finite Lived Intangible Assets Future Amortization Expense [Abstract]  
Schedule of Identifiable Intangible Assets

 

The following table summarizes the Company’s identifiable intangible assets:

 

 

 

September 30, 2018

 

 

December 31, 2017

 

 

 

Gross

 

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Trade name

 

$

15,000

 

 

$

(2,750

)

 

$

12,250

 

 

$

15,000

 

 

$

(2,000

)

 

$

13,000

 

 

Schedule of Estimated Amortization Expense for Intangible Assets

Estimated amortization expense for the next five years is expected to be as follows:

 

Remaining 2018

 

$

250

 

2019

 

 

1,000

 

2020

 

 

1,000

 

2021

 

 

1,000

 

2022

 

 

1,000