Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]

The following table shows the carrying amount of goodwill:

 

             
    December 31,   December 31,
2014 2013
Balance - beginning   $ 28,642,398   $ -
Goodwill resulting from acquisitions occurring in April 2013     -     28,642,398
Purchase price accounting adjustment     616,988     -
Impairment charge     (29,259,386)     -
Balance - ending   $ -   $ 28,642,398
Schedule of Finite-Lived Intangible Assets [Table Text Block]

The carrying value of the Company’s intangible assets at December 31, 2014 were as follows:

 

                             
   

Weighted

Average

Amortization

Years

  

Gross

Carrying

Amount

  

Accumulated

Amortization

  

Charge for

Impairments

  

Net carrying

Amount

Software and technology   4   $ 9,200,000   $ (3,048,000)   $ (2,044,000)   $ 4,108,000
Customer relationships   6     22,200,000     (4,407,546)     (10,703,454)     7,089,000
Partner relationships   10     8,800,000     (1,201,714)     (7,598,286)     -
Tradenames and trademarks   10     1,700,000     (246,500)     (1,453,500)     -
Covenant not-to-compete   2     1,150,000     (762,500)     (387,500)     -
Customer order backlog   1     722,000     (400,000)           322,000
Total       $ 43,772,000   $ (10,066,260)   $ (22,186,740)   $ 11,519,000

 

The carrying values of the Company’s intangible assets at December 31, 2013, were as follows:

 

                       
   

Weighted

Average

Amortization

Years

  

Gross

Carrying

Amount

  

Accumulated

Amortization

  

Net carrying

Amount

Software and technology   5   $ 9,200,000   $ (1,288,000)   $ 7,912,000
Customer relationships   8     22,200,000     (1,942,500)     20,257,500
Partner relationships   10     8,800,000     (616,000)     8,184,000
Tradenames and trademarks   10     1,700,000     (119,000)     1,581,000
Covenant not-to-compete   2     1,150,000     (402,500)     747,500
Customer order backlog   1     400,000     (300,000)     100,000
Total       $ 43,450,000   $ (4,668,000)   $ 38,782,000
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Future amortization expense for these assets for the five years ending December 31 and thereafter is as follows:

 

       
2015   $ 2,530,500
2016     2,208,500
2017     2,208,500
2018     2,208,500
2019     1,181,500
Thereafter     1,181,500
Total   $ 11,519,000