GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2015

GOODWILL AND OTHER INTANGIBLE ASSETS.

10. GOODWILL AND OTHER INTANGIBLE ASSETS

The following is a roll-forward of goodwill for the six-months ended June 30, 2015 by reportable segment:

	Finished Goods		Concentrate		Total
Balance at December 31, 2014	$	-	$	-	$		-
Acquisitions	785,277		502,500		1,287,777

Balance at June 30, 2015	$	785,277	$	502,500	$	1,287,777

Intangible assets consist of the following at:

	June 30, 2015		December 31, 2014
Amortizing intangibles	$	35,249	$	233
Accumulated amortization	(396)		(50)

	34,853		183
Non-amortizing intangibles	393,313		50,565

	$	428,166	$		50,748

Amortizing intangibles primarily consist of customer relationships. All amortizing intangibles have been assigned an estimated finite useful life and such intangibles are amortized on a straight-line basis over the number of years that approximate their respective useful lives, generally 5 years. Total amortization expense recorded was $0.3 million and $0.1 million for the three-months ended June 30, 2015 and 2014, respectively. Total amortization expense recorded was $0.3 million and $0.25 million for the six-months ended June 30, 2015 and 2014, respectively. Non-amortizing intangibles primarily consist of indefinite-lived tradenames.