Intangible Assets

6 Months Ended

Jun. 30, 2017

NOTE 5 – INTANGIBLE ASSETS

At June 30, 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 $2,059,000 and $136,000, amounted to approximately $1,970,000 and $1,757,000 for the six months ended June 30, 2017 and 2016, respectively.

The following tables set forth the intangible assets, both acquired and developed, including accumulated amortization as of June 30, 2017:

	June 30, 2017
	Remaining			Accumulated		Net Carrying
	Useful Life	Cost		Amortization		Value
Customer lists	9.30 years	$	25,387,452	$	10,255,320	$	15,132,132
Non-compete agreement	2.70 years		206,000		111,920		94,080
Trademarks	4.62 years		210,000		15,750		194,250
Capitalized software	2.92 years		135,020		3,750		131,270
Website	3.50 years		44,619		8,216		36,403
		$	25,983,091	$	10,394,956	$	15,588,135