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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2017
INTANGIBLE ASSETS [Abstract]  
Capitalized Intangible Assets
As of September 30, 2017, and December 31, 2016, capitalized intangible assets were as follows:

 
September 30,
2017
 
December 31,
2016
 
     
Capitalized intangible assets
 
$
12,517,628
  
$
10,074,546
 
Accumulated amortization
  
2,264,247
   
1,309,842
 
Total intangible assets
 
$
10,253,381
  
$
8,764,704
 
Summary of Amortization
Our amortization schedule is as follows:

Years ending December 31,
 
Amount
 
2017
 
$
665,859
 
2018
  
2,955,873
 
2019
  
2,727,968
 
2020
  
2,652,000
 
2021
  
1,251,681
 
Total
 
$
10,253,381