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

Amortizable Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

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


	June 30, 2021
	Cost		Accumulated Amortization			Net
	(Dollars in thousands)
Customer lists and contracts	$	23,225	$	(21,770	)	$	1,455
Domain and brand names		20,289		(19,492	)		797
Favorable and assigned leases		2,188		(1,951	)		237
Subscriber base and lists		9,522		(8,809	)		713
Author relationships		2,771		(2,770	)		1
Non-compete agreements		2,041		(2,028	)		13
Other amortizable intangible assets		1,666		(1,656	)		10

	$	61,702	$	(58,476	)	$	3,226


	December 31, 2020
			Accumulated
	Cost		Amortization			Net
	(Dollars in thousands)
Customer lists and contracts	$	24,012	$	(22,533	)	$	1,479
Domain and brand names		20,350		(19,127	)		1,223
Favorable and assigned leases		2,188		(1,943	)		245
Subscriber base and lists		9,886		(8,974	)		912
Author relationships		2,771		(2,765	)		6
Non-compete agreements		2,041		(1,954	)		87
Other amortizable intangible assets		1,666		(1,601	)		65

	$62,914		$(58,897)			$4,017

Based on the amortizable intangible assets as of June 30, 2021, we estimate amortization expense for the next five years to be as follows: