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Intangible assets
9 Months Ended
Sep. 30, 2014
Intangible assets [Abstract]  
Intangible assets
4. Intangible assets

At September 30, 2014 and December 31, 2013, intangible assets and intangible assets net of amortization were comprised of the following:

  
September 30, 2014
(Unaudited)
  
December 31,
2013
 
Intangible assets
 
$
54,719,918
  
$
54,719,918
 
Accumulated amortization
  
(12,615,826
)
  
(8,511,833
)
Intangible assets, net
 
$
42,104,092
  
$
46,208,085
 

BioTime amortizes its intangible assets generally over an estimated period of 10 years on a straight line basis. BioTime recognized $4,103,994 and $1,927,718 in amortization expense of intangible assets during the nine months ended September 30, 2014 and 2013, respectively.