Salem Media Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Amortizable Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2019

The following tables provide a summary of our significant classes of amortizable intangible assets:


	As of June 30, 2019
			Accumulated
	Cost		Amortization			Net

	(Dollars in thousands)
Customer lists and contracts	$	23,641	$	(21,197	)	$	2,444
Domain and brand names		20,280		(16,891	)		3,389
Favorable and assigned leases		2,188		(1,903	)		285
Subscriber base and lists		9,886		(7,727	)		2,159
Author relationships		2,771		(2,532	)		239
Non-compete agreements		2,031		(1,718	)		313
Other amortizable intangible assets		1,666		(1,434	)		232

	$	62,463	$	(53,402	)	$	9,061


	As of December 31, 2018
			Accumulated
	Cost		Amortization			Net

	(Dollars in thousands)
Customer lists and contracts	$	24,673	$	(21,798	)	$	2,875
Domain and brand names		21,358		(16,758	)		4,600
Favorable and assigned leases		2,256		(1,953	)		303
Subscriber base and lists		9,672		(7,198	)		2,474
Author relationships		2,771		(2,454	)		317
Non-compete agreements		2,048		(1,641	)		407
Other amortizable intangible assets		1,666		(1,378	)		288

	$	64,444	$	(53,180	)	$	11,264

Based on the amortizable intangible assets as of June 30, 2019, we estimate amortization expense for the next five years to be as follows: