INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2013

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

The Company had goodwill in the amount of $28,515 as of June 30, 2013 and December 31, 2012 subject to the provisions of ASC 350, "Intangibles-Goodwill and Other."

Identifiable intangible assets with finite lives at June 30, 2013 and December 31, 2012 are summarized as follows:

	Amortization Period (in years)		Gross Carrying Amount at 6/30/13		Accumulated Amortization at 6/30/13		Gross Carrying Amount at 12/31/12		Accumulated Amortization at 12/31/12
Customer lists		10	$	37,142	$	22,732	$	37,142	$	20,912
Regulatory registration costs		5-10		1,619		437		1,411		361
Patents & trade secrets		15-17		1,586		807		1,581		765
Trademarks & trade names		17		910		434		909		408
Other		5-10		754		517		754		493
			$	42,011	$	24,927	$	41,797	$	22,939

Amortization of identifiable intangible assets was approximately $1,988 for the six months ended June 30, 2013. Assuming no change in the gross carrying value of identifiable intangible assets, the estimated amortization expense for the remainder of 2013 is $1,990, approximately $4,000 per annum for 2014 through 2016, $1,400 in 2017 and $600 in 2018. At June 30, 2013, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in "Intangible assets with finite lives, net" in the Company's condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the six months ended June 30, 2013.