| Schedule of Goodwill [Table Text Block] |
The change in the carrying amount of goodwill for the years ended December 31, 2017 and 2016 is as follows: | Balance as of December 31, 2015 | | $ | | | | Goodwill acquired | | | 2,516,168 | | | Deferred tax | | | 755,647 | | | Balance as of December 31, 2016 | | $ | 3,271,815 | | | Goodwill acquired | | | 3,490,552 | | | Final purchase accounting - measurement period adjustments | | | 1,636,468 | | | Impairment | | | (2,435,298) | | | Balance as of December 31, 2017 | | $ | 5,963,537 | |
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| Schedule of Finite-Lived Intangible Assets [Table Text Block] |
The change in the carrying amount of intangible assets for the year ended December 31, 2017 and 2016 is as follows: | Balance as of December 31, 2015 | | $ | | | | Intangible assets acquired | | | 6,164,700 | | | Amortization | | | (384,487) | | | Balance as of December 31, 2016 | | $ | 5,780,213 | | | Intangible assets acquired | | | 2,827,951 | | | Final purchase accounting measurement period adjustment | | | (4,147,052) | | | Impairment of intangible assets | | | (1,298,500) | | | Accumulated amortization related to impaired intangible assets | | | 405,017 | | | Amortization | | | (680,535) | | | Balance as of December 31,2017 | | $ | 2,887,094 | |
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| Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] |
Identified intangible assets consist of the following: | | | | | December 31, 2017 | | | Intangible assets | | Useful
Life | | Gross
Assets | | Accumulated
Amortization | | Net | | | Video library | | 4 years | | $ | | | $ | | | $ | | | | Venue relationships | | 7 years | | | 2,410,000 | | | (363,767) | | | 2,046,233 | | | Ticketing software | | 3 years | | | 90,000 | | | (37,500) | | | 52,500 | | | Trademark and brand | | 3 years | | | 610,000 | | | (208,056) | | | 401,944 | | | Fighter contracts | | 3 years | | | 140,000 | | | (14,000) | | | 126,000 | | | Promoter relationships | | 6 years | | | 277,099 | | | (31,682) | | | 245,417 | | | Sponsor relationships | | | | | 20,000 | | | (5,000) | | | 15,000 | | | Total intangible assets, gross | | | | $ | 3,547,099 | | $ | (660,005) | | $ | 2,887,094 | | During the year ended December 31, 2017, the Company completed the final purchase accounting of all acquisitions, resulting in a reallocation of intangible assets and goodwill. During the year ended December 31, 2017, the Company recorded impairment charges of approximately $800,000 related to all video library, and 93,000 related to the Fight Time venue relationship and trade name intangible assets.
| | | | | December 31, 2016 | | | Intangible assets | | Useful
Life | | Gross
Assets | | Accumulated
Amortization | | Net | | | Video library | | 4 years | | $ | 3,512,741 | | $ | (181,824) | | $ | 3,330,917 | | | Venue relationships | | 7 years | | | 1,966,400 | | | (163,867) | | | 1,802,533 | | | Ticketing software | | 3 years | | | 360,559 | | | (30,047) | | | 330,512 | | | Trademark and brand | | 3 years | | | 325,000 | | | (8,749) | | | 316,251 | | | Fighter contracts | | 3 years | | | | | | | | | | | | Promoter relationships | | 6 years | | | | | | | | | | | | Total intangible assets, gross | | | | $ | 6,164,700 | | $ | (384,487) | | $ | 5,780,213 | |
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
As of December 31, 2017, estimated amortization expense for the unamortized acquired intangible assets over the next five years and thereafter is as follows: | 2018 | | $ | 647,257 | | | 2019 | | | 609,119 | | | 2020 | | | 441,897 | | | 2021 | | | 409,952 | | | 2022 | | | 397,036 | | | Thereafter | | | 381,833 | | | | | $ | 2,887,094 | |
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