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

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangible Assets (Tables)

Note 6 - Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of September 30, 2017
		Gross Carrying				Accumulated				Net Carrying
		Amount				Amortization				Value
Amortized intangible assets:
Reacquired franchise rights		$	1,673,000			$	596,129			$	1,076,871
Customer relationships			701,000				649,417				51,583
Reacquired development rights			1,162,000				401,847				760,153
		$	3,536,000			$	1,647,393			$	1,888,607

		As of December 31, 2016
		Gross Carrying				Accumulated				Net Carrying
		Amount				Amortization				Value
Amortized intangible assets:
Reacquired franchise rights		$	1,673,000			$	410,688			$	1,262,312
Customer relationships			701,000				509,042				191,958
Reacquired development rights			1,162,000				277,348				884,652
		$	3,536,000			$	1,197,078			$	2,338,922

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

2017 (remaining)		$	128,564
2018			439,589
2019			413,256
2020			413,256
2021			348,034
Thereafter			145,908
Total		$	1,888,607