Quarterly report pursuant to Section 13 or 15(d)

Amortizable Intangible Assets (Tables)

v3.22.2.2
Amortizable Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Significant Classes of Amortizable Intangible Assets
The following tables provide a summary of our significant classes of amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
September 30, 2022
 
            Accumulated         
     Cost      Amortization     
Net
 
    
(Dollars in thousands)
 
Customer lists and contracts
  
$
23,700
 
  
$
(22,795
  
$
905
 
Domain and brand names
  
 
19,886
 
  
 
(19,650
  
 
236
 
Favorable and assigned leases
  
 
2,188
 
  
 
(1,972
  
 
216
 
Subscriber base and lists
  
 
8,647
 
  
 
(8,511
  
 
136
 
Author relationships
  
 
2,771
 
  
 
(2,771
  
 
—  
 
Non-compete
agreements
  
 
2,052
 
  
 
(2,043
  
 
9
 
Other amortizable intangible assets
  
 
1,332
 
  
 
(1,332
  
 
—  
 
    
 
 
    
 
 
    
 
 
 
    
$
60,576
 
  
$
(59,074
  
$
1,502
 
    
 
 
    
 
 
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
As of December 31, 2021
 
            Accumulated         
     Cost      Amortization      Net  
    
(Dollars in thousands)
 
Customer lists and contracts
  
$
23,700
 
  
$
(22,198
  
$
1,502
 
Domain and brand names
  
 
19,875
 
  
 
(19,421
  
 
454
 
Favorable and assigned leases
  
 
2,188
 
  
 
(1,960
  
 
228
 
Subscriber base and lists
  
 
8,647
 
  
 
(8,387
  
 
260
 
Author relationships
  
 
2,771
 
  
 
(2,771
  
 
—  
 
Non-compete
agreements
  
 
2,041
 
  
 
(2,041
  
 
—  
 
Other amortizable intangible assets
  
 
1,332
 
  
 
(1,332
  
 
—  
 
    
 
 
    
 
 
    
 
 
 
    
$60,554
    
$(58,110)
    
$2,444
 
    
 
 
    
 
 
    
 
 
 
Amortizable Intangible Assets, Estimate Amortization Expense
Amortization expense was approximately $0.3 million and $0.4 million for the three-month periods ended September 30, 2022 and 2021, respectively, and $1.0 million and $1.5 million for the nine-month periods ended September 30, 2022 and 2021, respectively. Based on the amortizable intangible assets as of September 30, 2022, we estimate amortization expense for the next five years to be as follows:
 
 
 
 
 
 
Year Ended December 31,
  
Amortization Expense
 
    
(Dollars in thousands)
 
2022 (Oct – Dec)
  
$
260
 
2023
  
 
803
 
2024
  
 
209
 
2025
  
 
24
 
2026
  
 
14
 
Thereafter
  
 
192
 
    
 
 
 
Total
  
$
1,502