6. Intangibles (Tables)

12 Months Ended

Dec. 31, 2014

Intangibles Tables

Schedule of components of intangible assets and their useful lives, accumulated amortization, and net carrying value

The components of intangible assets and their useful lives, accumulated amortization, and net carrying value as of December 31, 2014 and 2013 are summarized as follows:

		December 31, 2014						December 31, 2013
	Useful	Gross				Net		Gross				Net
	Life	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
	(in yrs)	Value		Amortization		Amount		Value		Amortization		Amount
Insurance license	-	$	500,000	$	-	$	500,000	$	500,000	$	-	$	500,000
Customer relationships	10		3,400,000		1,870,000		1,530,000		3,400,000		1,530,000		1,870,000
Other identifiable intangibles	7		950,000		746,470		203,530		950,000		610,756		339,244
Total		$	4,850,000	$	2,616,470	$	2,233,530	$	4,850,000	$	2,140,756	$	2,709,244

Schedule of estimated aggregate amortization expense

The Company recorded amortization expense related to intangibles of $475,714 for each of the years ended December 31, 2014 and 2013. The estimated aggregate amortization expense for the remaining life of finite life intangibles is as follows:

2015	$	475,714
2016		407,816
2017		340,000
2018		340,000
2019		170,000
	$	1,733,530