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)
6 Months Ended
Jun. 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

     32,629    

    Balance as of March 31, 2014

     3,697,828     

    Foreign currency translation

     103,919    

    Balance as of June 30, 2014

   $     3,801,747