Acquisitions, Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2013

Other intangible assets

Other intangible assets consisted of the following at March 31, 2013:

	Gross Carrying Amount		Accumulated Amortization			Weighted Average Useful Life (in years)
Technology – developed	$	1,450,743	$	(404,503	)		8
Patents		240,000		(95,000	)		8
Customer relationships		6,853,905		(1,134,326	)		8
Total other intangible assets	$	8,544,648	$	(1,633,829	)		8

Other intangible assets consisted of the following at December 31, 2012:

	Gross Carrying Amount		Accumulated Amortization			Weighted Average Useful Life (in years)
Technology – developed	$	1,452,729	$	(360,748	)		8
Patents		240,000		(87,500	)		8
Customer relationships		6,872,383		(934,852	)		8
Total other intangible assets	$	8,565,112	$	(1,383,100	)		8