DEFINITE-LIFE INTANGIBLE ASSETS
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9 Months Ended | ||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2012
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DEFINITE-LIFE INTANGIBLE ASSETS | |||||||||||||||||||||||||||||||||||||||||
DEFINITE-LIFE INTANGIBLE ASSETS |
NOTE 3 - DEFINITE-LIFE INTANGIBLE ASSETS
The Companys definite-life intangible assets are amortized, upon being placed in service, over the 15 year estimated useful lives of the assets, with no residual value. Amortization expense for the nine months ended September 30, 2012 and 2011 was $726 and $725, respectively. The Company estimates that amortization expense for existing assets for each of the next five years will be approximately $1,000 per year. |
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- Details
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- Definition
The entire disclosure for all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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