XML 48 R32.htm IDEA: XBRL DOCUMENT v3.19.2
INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The following table summarizes information relating to the Company's acquired amortizable intangible assets: 
 
As of June 30, 2019
 
As of December 31, 2018
 
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Estimated Useful Lives
Customer relationships
$
6,017,994

 
$
(2,512,269
)
 
$
3,505,725

 
$
5,970,884

 
$
(2,162,110
)
 
$
3,808,774

 
8 to 18 years
Trade names
1,081,083

 
(749,615
)
 
331,468

 
1,067,083

 
(701,998
)
 
365,085

 
2 to 5 years
Other amortizable intangibles
50,611

 
(22,801
)
 
27,810

 
37,644

 
(18,679
)
 
18,965

 
1 to 15 years
 
$
7,149,688

 
$
(3,284,685
)
 
$
3,865,003

 
$
7,075,611

 
$
(2,882,787
)
 
$
4,192,824

 
 

Schedule of Goodwill
The carrying amount of goodwill is presented below:
Goodwill as of December 31, 2018
$
8,012,416

Goodwill recorded in connection with the acquisition of Cheddar Inc.
125,651

Adjustments to purchase accounting
19

Goodwill as of June 30, 2019
$
8,138,086