Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Indefinite-Lived Intangible Assets (Tables)

v2.4.0.8
Goodwill and Indefinite-Lived Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Reconciliation of Change in Carrying Value of Goodwill

A reconciliation of the change in the carrying value of goodwill is as follows:

 

          

    Balance as of January 1, 2013

   $ 3,592,073    

    Foreign currency translation

     73,126    

    Balance as of December 31, 2013

     3,665,199    

    Acquired from acquisitions

     4,129,248    

    Disposed with Hive Out Agreement

     (4,129,248)   

    Foreign currency translation

     (67,791)   

    Balance as of September 30, 2014

   $     3,597,408