Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Fair value of total consideration transferred for Command
The acquisition date fair value of the total consideration transferred was $407.7 million:
Cash
$
394,279,778

Echo common stock, fair value
14,746,000

Contingent consideration, fair value
(1,176,417
)
Working capital adjustment, December 2015
(142,969
)
Total consideration transferred
$
407,706,392
Allocation of the total consideration transferred for Command
The following table summarizes the allocation of the total consideration transferred for the acquisition of Command:
Cash
$
9,495,246

Accounts receivable, net
62,398,350

Property and equipment
3,667,615

Prepaid expenses
818,903

Goodwill
225,304,568

Intangible assets
125,400,000

Total assets acquired
$
427,084,682

Accounts payable
$
11,172,240

Accrued expenses
8,206,050

Total liabilities assumed
$
19,378,290

Total consideration transferred
$
407,706,392
Fair values assigned to intangible assets acquired for Command
The fair values assigned to the intangible assets acquired were as follows:
Intangible Asset
Value
Useful Life
Customer relationships
$
97,200,000

17 years
Carrier relationships
18,300,000

17 years
Trade names
5,000,000

4 years
Noncompete agreements
4,900,000

5-8 years
 
$
125,400,000