IDENTIFIED INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2017

IDENTIFIED INTANGIBLE ASSETS [Abstract]

Schedule of Identified Intangible Assets

A schedule of identified intangible assets is as follows:

		Gross		Accumulated		Carrying
December 31, 2017		Amount		Amortization		Amount
Trademarks
Wholesale	$	27,192,281	$		$	27,192,281
Retail		2,900,000				2,900,000
Patents		895,477		673,009		222,468
Customer Relationships		-		-		-
Total Intangibles	$	30,987,758	$	673,009	$	30,314,749
		Gross		Accumulated		Carrying
December 31, 2016		Amount		Amortization		Amount
Trademarks
Wholesale	$	29,343,578	$	-	$	29,343,578
Retail		2,900,000		-		2,900,000
Patents		2,595,477		2,376,694		218,783
Customer Relationships		2,200,000		1,246,667		953,333
Total Intangibles	$	37,039,055	$	3,623,361	$	33,415,694

Schedule of Amortization Expense

A schedule of approximate amortization expense related to finite-lived intangible assets is as follows:

		Amortization
		Expense
2017	$	121,000
2016		132,000
2015		135,000

Schedule of Future Amortization Expense

A schedule of approximate future expected amortization expense related to finite-lived intangible assets is as follows:

		Amortization
		Expense
2018	$	41,000
2019		33,000
2020		31,000
2021		26,000
2022		22,000
2023+		69,000