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Other Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets from Continuing Operations
The following is a schedule of intangible assets from continuing operations as of September 30, 2015:

 
Term
 
Carrying
Value
 
Accumulated Amortization and Impairment
 
Net Carrying Value
 
Year-to-date Amortization
 
 
 
 
 
 
 
 
 
 
Customer list, Google
20 years
 
$
8,820,000

 
$
(1,580,250
)
 
$
7,239,750

 
$
330,750

Customer list, all other
10 years
 
1,610,000

 
(576,931
)
 
1,033,069

 
120,753

Trade names, ALOT (1)
5 years
 
960,000

 
(688,000
)
 
272,000

 
144,000

Domain websites (2)
5 years
 
715,874

 
(95,448
)
 
620,426

 
95,448

Trade names, web properties (3)
-
 
390,000

 

 
390,000

 

Intangible assets classified as long-term
 
 
$
12,495,874


$
(2,940,629
)
 
$
9,555,245

 
$
690,951

 
 
 
 
 
 
 
 
 
 
Goodwill, Partner Network
 
 
$
1,776,544

 
$

 
$
1,776,544

 
$

Goodwill, Owned and Operated Network
 
 
3,984,264

 

 
3,984,264

 

Goodwill, total
 
 
$
5,760,808

 
$

 
$
5,760,808

 
$


(1)
We determined the ALOT trade names should be amortized over five years.
(2)
On May 8, 2015, we purchased two domain websites with a fair value of $715,874. We determined they should be amortized over five years (see Note 7).
(3)
We have determined that the trade names related to our web properties have an indefinite life, and as such are not amortized.
Schedule of Amortization Expense
Our amortization expense over the next five years and thereafter is as follows:
 
2015
$
234,294

2016
937,176

2017
777,176

2018
745,176

2019
745,176

Thereafter
5,726,247

Total
$
9,165,245