INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2017

INTANGIBLE ASSETS [Abstract]

Capitalized Intangible Assets

As of June 30, 2017, and December 31, 2016, capitalized intangible assets were as follows:

	June 30, 2017		December 31, 2016
Capitalized intangible assets	$	12,517,627	$	10,074,546
Accumulated amortization		1,459,592		1,309,842
Total intangible assets	$	11,058,035	$	8,764,704

Summary of Amortization

Our amortization schedule is as follows:

Years ending December 31,	Amount
2017	$	1,470,513
2018		2,955,873
2019		2,727,968
2020		2,652,000
2021		1,251,681
Total	$	11,058,035