Quarterly report pursuant to Section 13 or 15(d)

AMORTIZABLE INTANGIBLE ASSETS

v3.5.0.2
AMORTIZABLE INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2016
Intangible Assets Disclosure [Abstract]  
AMORTIZABLE INTANGIBLE ASSETS
NOTE 8. AMORTIZABLE INTANGIBLE ASSETS
 
The following tables provide details, by major category, of the significant classes of amortizable intangible assets:
 
 
 
June 30, 2016
 
 
 
 
 
 
Accumulated
 
 
 
 
 
Cost
 
Amortization
 
Net
 
 
 
(Dollars in thousands)
 
Customer lists and contracts
 
$
22,403
 
$
(19,522)
 
$
2,881
 
Domain and brand names
 
 
17,533
 
 
(11,993)
 
 
5,540
 
Favorable and assigned leases
 
 
2,379
 
 
(1,932)
 
 
447
 
Subscriber base and lists
 
 
7,786
 
 
(4,540)
 
 
3,246
 
Author relationships
 
 
2,245
 
 
(1,595)
 
 
650
 
Non-compete agreements
 
 
1,323
 
 
(867)
 
 
456
 
Other amortizable intangible assets
 
 
1,336
 
 
(1,336)
 
 
—
 
 
 
$
55,005
 
$
(41,785)
 
$
13,220
 
 
 
 
December 31, 2015
 
 
 
Accumulated
 
 
 
Cost
 
Amortization
 
Net
 
 
 
(Dollars in thousands)
 
Customer lists and contracts
 
$
20,009
 
$
(18,914)
 
$
1,095
 
Domain and brand names
 
 
16,619
 
 
(11,200)
 
 
5,419
 
Favorable and assigned leases
 
 
2,379
 
 
(1,887)
 
 
492
 
Subscriber base and lists
 
 
7,313
 
 
(3,808)
 
 
3,505
 
Author relationships
 
 
2,245
 
 
(1,523)
 
 
722
 
Non-compete agreements
 
 
1,034
 
 
(786)
 
 
248
 
Other amortizable intangible assets
 
 
1,336
 
 
(1,336)
 
 
—
 
 
 
$
50,935
 
$
(39,454)
 
$
11,481
 
 
Based on the amortizable intangible assets as of June 30, 2016, we estimate amortization expense for the next five years to be as follows:
 
Year Ending December 31,
 
Amortization Expense
 
 
 
(Dollars in thousands)
 
2016 (July – Dec)
 
$
2,314
 
2017
 
 
3,414
 
2018
 
 
3,171
 
2019
 
 
2,659
 
2020
 
 
1,359
 
Thereafter
 
 
303
 
Total
 
$
13,220