Goodwill and Finite Life Intangibles Assets (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Identified Intangible Assets

Identified intangible assets are summarized as follows:

	Amortizable		June 30, 2016
	Period		Gross		Accumulated			Net
	(years)		Assets		Amortization			Assets
Customer Contracts		3 - 5	$	783,631	$	(591,933	)	$	191,698
Proprietary Software		3		917,000		(711,626	)		205,374
Total identified intangible assets			$	1,700,631	$	(1,303,559	)	$	397,072

	Amortizable		December 31, 2015
	Period		Gross		Accumulated			Net
	(years)		Assets		Amortization			Assets
Customer Contracts		3 - 5	$	783,631	$	(510,201	)	$	273,430
Proprietary Software		3		917,000		(558,794	)		358,206
Total identified intangible assets			$	1,700,631	$	(1,068,995	)	$	631,636

Schedule of Amortization Expense for Identified Intangible Assets

Amortization expense for identified intangible assets is summarized below:

									Statement of
	Three Months Ended				Six Months Ended				Operations
	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015		Classification
Customer Contracts	$	40,865	$	70,833	$	81,732		141,666		Cost of Revenue
Proprietary Software		76,416		76,416		152,832		152,832		Cost of Revenue
Total amortization on identified intangible assets	$	117,281	$	147,249	$	234,564	$	294,498

Schedule of Future Amortization Expense

Based on the identified intangible assets recorded at June 30, 2016, future amortization expense is expected to be as follows:

Six months ending December 31, 2016	$	234,566
2017		114,429
2018		38,461
2019		9,616
	$	397,072