| AMORTIZABLE INTANGIBLE ASSETS |
NOTE 10. AMORTIZABLE
INTANGIBLE ASSETS
The following
tables provide details, by major category, of the significant
classes of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of March 31,
2013 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
17,213 |
|
|
$ |
(13,059 |
) |
|
$ |
4,154 |
|
|
Domain and brand
names
|
|
|
11,037 |
|
|
|
(7,417 |
) |
|
|
3,620 |
|
|
Favorable and assigned
leases
|
|
|
2,358 |
|
|
|
(1,617 |
) |
|
|
741 |
|
|
Other amortizable
intangible assets
|
|
|
3,997 |
|
|
|
(3,721 |
) |
|
|
276 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
34,605 |
|
|
$ |
(25,814 |
) |
|
$ |
8,791 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2012 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
17,213 |
|
|
$ |
(12,665 |
) |
|
$ |
4,548 |
|
|
Domain and brand
names
|
|
|
11,015 |
|
|
|
(7,192 |
) |
|
|
3,823 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,594 |
) |
|
|
55 |
|
|
Other amortizable
intangible assets
|
|
|
3,997 |
|
|
|
(3,670 |
) |
|
|
327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
33,874 |
|
|
$ |
(25,121 |
) |
|
$ |
8,753 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of March 31, 2013, we
estimate amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
Year Ending
December 31,
|
|
Amortization Expense |
|
| |
|
(Dollars in
thousands) |
|
|
2013 (Apr –
Dec)
|
|
$ |
2,040 |
|
|
2014
|
|
|
2,410 |
|
|
2015
|
|
|
1,732 |
|
|
2016
|
|
|
956 |
|
|
2017
|
|
|
582 |
|
|
Thereafter
|
|
|
1,071 |
|
|
|
|
|
|
|
Total
|
|
$ |
8,791 |
|
|
|
|
|
|
|