INTANGIBLE ASSETS (Details) - USD ($) |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2015 |
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Intangible Assets | $ 41,501,700 | $ 41,501,700 | $ 41,014,992 | ||
Accumulated Amortization & Impairment | (18,013,247) | (18,013,247) | (15,557,353) | ||
Intangible assets, net | 23,488,453 | 23,488,453 | $ 25,457,639 | ||
Patent impairment | $ 620,696 | $ 766,498 | $ 993,890 | $ 766,498 | |
Patents | Minimum | |||||
Weighted average useful life, intangibles | 1 year | ||||
Patents | Maximum | |||||
Weighted average useful life, intangibles | 15 years | ||||
Website | |||||
Weighted average useful life, intangibles | 3 years |
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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 Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. 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 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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