Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

INTANGIBLE ASSETS

Intangible assets are composed of internally developed software at December 31, 2016 and 2015. Intangible assets are amortized on a straight‑line basis with a useful life of five years. Amortization expense included in net loss for the years ended December 31, 2016 and 2015 was $0.3 million. The Company’s intangible assets subject to amortization are as follows:

	2016		2015
Internally developed software	$	1,439,941	$	1,439,941
Less accumulated amortization	850,902		562,914
Intangible assets — net	$	589,039	$	877,027

Estimated remaining amortization expense for each of the subsequent fiscal years is expected to be as follows:

Year	Estimated Future Amortization Expense
2017	$	287,988
2018	287,988
2019	13,063
Total	$	589,039

The average amortization period remaining is approximately 2.1 years.