GOODWILL (Tables)

12 Months Ended

Dec. 31, 2012

The changes in the carrying amount of goodwill for the years ended December 31, 2012 and 2011 are as follows:


	LED Replacement Lamps and Fixtures			LED Signage and Lighting Strips			Total
Balance, January 1, 2011	$	1,988,920		$	407,369		$	2,396,289
Impairment loss		—			(407,369	)		(407,369	)

Balance, December 31, 2011	$	1,988,920		$	—		$	1,988,920
Seesmart acquisition		11,456,593			—			11,456,593
Impairment loss		(1,988,920	)		—			(1,988,920	)

Balance, December 31, 2012	$	11,456,593		$	—		$	11,456,593

Accumulated Balances:
Goodwill	$	13,445,513		$	407,369		$	13,852,882
Accumulated impairment losses		(1,988,920	)		(407,369	)		(2,396,289	)

Balance, December 31, 2012	$	11,456,593		$	—		$	11,456,593

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.