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

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Intangible Assets (Tables)

Note 7 - Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2018

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of March 31, 2018
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Amortized intangible assets:
Reacquired franchise rights		$	1,673,000			$	719,757			$	953,243
Customer relationships			701,000				694,417				6,583
Reacquired development rights			1,162,000				484,848				677,152
		$	3,536,000			$	1,899,022			$	1,636,978

		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)		$	316,525
2019			413,256
2020			413,256
2021			348,034
2022			133,693
Thereafter			12,214
Total		$	1,636,978