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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Intangible assets consist of the following:
As of March 31, 2020
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Intangible assets subject to amortization:
Reacquired franchise rights
$3,246,494  $(1,576,947) $1,669,547  
Customer relationships
1,255,975  (934,938) 321,037  
Reacquired development rights
2,050,481  (1,177,893) 872,588  
$6,552,950  $(3,689,778) $2,863,172  

As of December 31, 2019
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Intangible assets subject to amortization:
Reacquired franchise rights$3,246,494  $(1,400,086) $1,846,408  
Customer relationships1,255,975  (865,478) 390,497  
Reacquired development rights2,050,481  (1,067,595) 982,886  
$6,552,950  $(3,333,159) $3,219,791  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for 2020 and subsequent years is as follows:
Amount
2020 (remainder)$1,053,343  
20211,212,703  
2022539,750  
202357,376  
Total$2,863,172