Note 5 - Goodwill and Other Intangible Assets, Net

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

5.

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

Intangible assets relate to the purchase of businesses on

June 1, 2017

and

July 1, 2016.

Goodwill represents the excess of cost over the fair value of identifiable assets acquired. Goodwill is

not

amortized but will be reviewed on an annual basis for impairment. Amortization of other intangibles is being amortized on a straight-line basis over period ranging from

one

year to

15

years. Intangible assets are as follows:

	March 31, 2018		December 31, 2017
Customer List: Backlog	$	1,970,000	$	1,970,000
Non-Compete Agreements		200,000		200,000
Trademarks		340,000		340,000
Other Intangibles		2,510,000		2,510,000
Less: Accumulated Amortization		830,858		613,601
Other Intangibles, Net	$	1,679,142	$	1,896,399

Amortization of other intangibles assets was:

$217,257

and 

$29,091

for the

three

months ended

March 31, 2018

and

2017,

respectively.