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Intangible assets
6 Months Ended
Jun. 30, 2014
Intangible assets [Abstract]  
Intangible assets
4. Intangible assets

At June 30, 2014 and December 31, 2013, intangible assets and intangible assets net of amortization were comprised of the following:

 
 
June 30, 2014
(Unaudited)
  
December 31,
2013
 
Intangible assets
 
$
54,719,918
  
$
54,719,918
 
Accumulated amortization
  
(11,247,829
)
  
(8,511,833
)
Intangible assets, net
 
$
43,472,089
  
$
46,208,085
 

BioTime amortizes its intangible assets generally over an estimated period of 10 years on a straight line basis. BioTime recognized $2,735,996 and $1,285,145 in amortization expense of intangible assets during the six months ended June 30, 2014 and 2013, respectively.