INTANGIBLE ASSETS (Details) - USD ($) |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jun. 30, 2016 |
Dec. 31, 2016 |
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| Intangible Assets | |||||
| Intangible Assets | $ 24,050,330 | $ 24,050,330 | $ 23,637,813 | ||
| Accumulated Amortization & Impairment | (12,691,608) | (12,691,608) | (11,323,185) | ||
| Intangible assets, net | 11,358,722 | 11,358,722 | $ 12,314,628 | ||
| Impairment of intangible assets | $ 620,696 | $ 993,890 | |||
| Amortization of Intangible Assets | 639,887 | 1,961,411 | $ 1,345,846 | 3,987,310 | |
| Minimum | |||||
| Intangible Assets | |||||
| Weighted average useful life, intangibles | 1 year | ||||
| Maximum | |||||
| Intangible Assets | |||||
| Weighted average useful life, intangibles | 16 years | ||||
| Patents | |||||
| Intangible Assets | |||||
| Intangible assets capitalized | 0 | 2,900,000 | $ 0 | 2,900,000 | |
| Impairment of intangible assets | $ 0 | $ 620,696 | $ 0 | $ 993,890 | |
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- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of capitalized costs incurred in the period to renew or extend the term of a recognized finite-lived (amortizing and amortizable) intangible asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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