INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets, Net

Intangible assets, net consisted of the following at December 31:

	December 31, 2015							December 31, 2014
	Gross Carrying Value		Accumulated Amortization			Net Book Value		Gross Carrying Value		Accumulated Amortization			Net Book Value
Internal use capitalized software	$	7,657,843	$	(5,391,168	)	$	2,266,675	$	6,666,300	$	(4,272,596	)	$	2,393,704

Estimated Amortization Expense in Future Years

The total estimated intangible asset amortization expense in future years related to assets that have been placed in production is as follows:

Fiscal Year
2016	$	899,629
2017		468,474
2018		101,867
	$	1,469,970