Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.8.0.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides a reconciliation of the beginning and ending balances for the contingent consideration measured at fair value using significant unobservable inputs (Level 3):

 

    Fair Value Measurement at Reporting Date Using Significant Unobservable Inputs, Level 3  
    Three Months Ended March 31,  
    2018     2017  
Balance - January 1,   $ 603,411     $ 929,549  
Change in fair value     31,749       (11,188 )
Payments     (47,111 )     (23,650 )
Balance - March 31,   $ 588,049     $ 894,711