Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Information for Intangible Assets Subject to Amortization and Intangible Assets Not Subject to Amortization

The following tables set forth the initial information for intangible assets subject to amortization and for intangible assets not subject to amortization. These amounts are provisional and subject to finalization in future accounting periods.

 

	As of September 30, 2014
	Gross Carrying		Accumulated		Net Carrying		Weighted Average
	Amount		Amortization		Value		Remaining Life
Amortized intangible assets:
Trade names	$	120,000	$	1,000	$	119,000		4.9
Technology		2,130,000		9,667		2,120,333		10.9
Customer relationships		1,320,000		15,000		1,305,000		10.9
Domain names		9,000		9,000		—		—
Unamortized intangible assets:	$	3,579,000	$	34,667	$	3,544,333
Goodwill						8,407,227
Total intangible assets					$	11,951,560

Schedule of Estimated Amortization Expense

Estimated amortization expense for 2014 and subsequent years is as follows:

2014	$	77,000
2015		285,000
2016		436,000
2017		446,000
2018		460,000
2019 and thereafter		1,866,000
	$	3,570,000