| Amortizable Intangible Assets |
NOTE 10. AMORTIZABLE INTANGIBLE ASSETS The following tables provide a summary of our significant classes of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of March 31, 2021 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in thousands) |
|
Customer lists and contracts |
|
$ |
24,139 |
|
|
$ |
(22,690 |
) |
|
$ |
1,449 |
|
|
|
|
20,350 |
|
|
|
(19,367 |
) |
|
|
983 |
|
Favorable and assigned leases |
|
|
2,188 |
|
|
|
(1,947 |
) |
|
|
241 |
|
Subscriber base and lists |
|
|
9,886 |
|
|
|
(9,087 |
) |
|
|
799 |
|
|
|
|
2,771 |
|
|
|
(2,767 |
) |
|
|
4 |
|
|
|
|
2,041 |
|
|
|
(1,991 |
) |
|
|
50 |
|
Other amortizable intangible assets |
|
|
1,666 |
|
|
|
(1,629 |
) |
|
|
37 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
63,041 |
|
|
$ |
(59,478 |
) |
|
$ |
3,563 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31, 2020 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in thousands) |
|
Customer lists and contracts |
|
$ |
24,012 |
|
|
$ |
(22,533 |
) |
|
$ |
1,479 |
|
|
|
|
20,350 |
|
|
|
(19,127 |
) |
|
|
1,223 |
|
Favorable and assigned leases |
|
|
2,188 |
|
|
|
(1,943 |
) |
|
|
245 |
|
Subscriber base and lists |
|
|
9,886 |
|
|
|
(8,974 |
) |
|
|
912 |
|
|
|
|
2,771 |
|
|
|
(2,765 |
) |
|
|
6 |
|
|
|
|
2,041 |
|
|
|
(1,954 |
) |
|
|
87 |
|
Other amortizable intangible assets |
|
|
1,666 |
|
|
|
(1,601 |
) |
|
|
65 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
$62,914 |
|
|
|
$(58,897) |
|
|
|
$4,017 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Amortization expense was approximately $0.6 million and $1.0 million for the three-month periods ended March 31, 2021 and 2020, respectively. Based on the amortizable intangible assets as of March 31, 2021, we estimate amortization expense for the next five years to be as follows:
|
|
|
|
|
|
|
Amortization Expense |
|
| |
|
(Dollars in thousands) |
|
|
|
$ |
1,297 |
|
|
|
|
1,252 |
|
|
|
|
717 |
|
|
|
|
92 |
|
|
|
|
8 |
|
|
|
|
197 |
|
| |
|
|
|
|
|
|
$ |
3,563 |
|
| |
|
|
|
|