Intangible Assets

3 Months Ended

Mar. 31, 2017

NOTE 5 – INTANGIBLE ASSETS

At March 31, 2017, customer lists include the intangible assets related to customer relationships acquired through the acquisition of Christian Disposal, Eagle Ridge and the CFS Group. The customer list intangible assets are amortized over their useful life which range from 5 to 20 years. Amortization expense, excluding amortization of landfill assets of approximately $166,000 and $52,000, amounted to approximately $875,000 and $875,000 for the three months ended March 31, 2017 and 2016, respectively.

The following tables set forth the intangible assets, both acquired and developed, including accumulated amortization as of March 31, 2017:

	March 31, 2017
	Remaining			Accumulated		Net Carrying
	Useful Life	Cost		Amortization		Value
Customer lists	9.55 years	$	23,433,452	$	9,247,698	$	14,185,754
Non-compete agreement	2.95 years		206,000		101,620		104,380
Website	3.75 years		44,619		6,496		38,123
		$	23,684,071	$	9,355,814	$	14,328,257