GOODWILL AND INTANGIBLE ASSETS (TABLES)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS

The following table shows an analysis of goodwill and intangible assets:

	Goodwill		Intangible assets with an indefinite life		Intangible assets with a finite life			Total
Net balance at December 31, 2014	$	47,148	$	26,036	$	15,776		$	88,960
Acquisition of Ternian	—		—		13,330			13,330
Amortization	n/a		n/a		(2,493		)	(2,493		)
Impairment charges	—		—		(12,939		)	(12,939		)
Net balance at December 31, 2015	47,148		26,036		13,674			86,858
Amortization	n/a		n/a		(1,809		)	(1,809		)
Net balance at December 31, 2016	$	47,148	$	26,036	$	11,865		$	85,049
Gross balance at December 31, 2016	$	42,237	$	26,036	$	29,166		$	97,439
Accumulated amortization	n/a		n/a		(17,301		)	(17,301		)
Foreign currency translation adjustment	4,911		—		—			4,911
Net balance at December 31, 2016	$	47,148	$	26,036	$	11,865		$	85,049

n/a – not applicable