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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

The following table summarizes the estimated fair value of the identifiable intangible asset acquired, their useful life, and method of amortization:

 

    Estimated
Fair Value
    Estimated
Useful Life
(Years)
    Annual
Amortization
Expense
 
Intangible asset   $ 2,361,066       6     $ 393,511