The Joint Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Intangible Assets (Tables)

Note 8 - Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of June 30, 2018
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Amortized intangible assets:
Reacquired franchise rights		$	1,758,000			$	786,884			$	971,116
Customer relationships			745,000				706,500				38,500
Reacquired development rights			1,162,000				526,348				635,652
		$	3,665,000			$	2,019,732			$	1,645,268

		As of December 31, 2017
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Amortized intangible assets:
Reacquired franchise rights		$	1,673,000			$	657,943			$	1,015,057
Customer relationships			701,000				674,667				26,333
Reacquired development rights			1,162,000				443,348				718,652
		$	3,536,000			$	1,775,958			$	1,760,042

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

2018 (remainder)		$	228,252
2019			456,503
2020			440,007
2021			369,286
2022			139,006
Thereafter			12,214
Total		$	1,645,268