| AMORTIZABLE INTANGIBLE ASSETS |
NOTE 11. AMORTIZABLE
INTANGIBLE ASSETS
The following
tables provide details, by major category, of the significant
classes of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of June 30,
2012 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
15,565 |
|
|
$ |
(11,954 |
) |
|
$ |
3,611 |
|
|
Domain and brand
names
|
|
|
8,279 |
|
|
|
(6,839 |
) |
|
|
1,440 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,580 |
) |
|
|
69 |
|
|
Other amortizable
intangible assets
|
|
|
3,891 |
|
|
|
(3,575 |
) |
|
|
316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
29,384 |
|
|
$ |
(23,948 |
) |
|
$ |
5,436 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2011 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
15,519 |
|
|
$ |
(11,372 |
) |
|
$ |
4,147 |
|
|
Domain and brand
names
|
|
|
8,227 |
|
|
|
(6,436 |
) |
|
|
1,791 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,536 |
) |
|
|
113 |
|
|
Other amortizable
intangible assets
|
|
|
3,891 |
|
|
|
(3,473 |
) |
|
|
418 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
29,286 |
|
|
$ |
(22,817 |
) |
|
$ |
6,469 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of June 30, 2012, we estimate
amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
Year Ending
December 31,
|
|
Amortization Expense |
|
| |
|
(Dollars in thousands) |
|
|
2012 (July –
Dec)
|
|
$ |
915 |
|
|
2013
|
|
|
1,745 |
|
|
2014
|
|
|
1,426 |
|
|
2015
|
|
|
836 |
|
|
2016
|
|
|
262 |
|
|
Thereafter
|
|
|
252 |
|
|
|
|
|
|
|
Total
|
|
$ |
5,436 |
|
|
|
|
|
|
|