INTANGIBLE ASSETS, NET (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2016 |
Dec. 31, 2015 |
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Intangible Assets | $ 30,214,116 | $ 41,014,992 |
Accumulated Amortization & Impairment | (17,899,488) | (15,557,353) |
Intangible assets, net | 12,314,628 | 25,457,639 |
Impairment of intangible assets | 11,958,882 | 5,793,409 |
Fair value of intangible assets | $ 0 | |
Minimum | ||
Weighted average useful life, intangibles | 1 year | |
Maximum | ||
Weighted average useful life, intangibles | 13 years | |
Patents | ||
Intangible assets capitalized | $ 6,450,000 | 252,946 |
Impairment of intangible assets | $ 11,958,882 | $ 5,793,409 |
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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 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 Fair value portion of assets, excluding financial assets, that lack physical substance, having a limited useful life. 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 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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