Quarterly report pursuant to Section 13 or 15(d)

AMORTIZABLE INTANGIBLE ASSETS (Tables)

v3.8.0.1
AMORTIZABLE INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2017
Intangible Assets Disclosure [Abstract]  
Summary of Significant Classes of Amortizable Intangible Assets
The following tables provide details, by major category, of the significant classes of amortizable intangible assets:
 
 
 
As of September 30, 2017
 
 
 
 
 
Accumulated
 
 
 
 
 
Cost
 
Amortization
 
Net
 
 
 
(Dollars in thousands)
 
Customer lists and contracts
 
$
22,865
 
$
(20,681)
 
$
2,184
 
Domain and brand names
 
 
20,109
 
 
(14,139)
 
 
5,970
 
Favorable and assigned leases
 
 
2,379
 
 
(2,018)
 
 
361
 
Subscriber base and lists
 
 
8,797
 
 
(4,402)
 
 
4,395
 
Author relationships
 
 
2,771
 
 
(2,171)
 
 
600
 
Non-compete agreements
 
 
2,029
 
 
(1,263)
 
 
766
 
Other amortizable intangible assets
 
 
1,333
 
 
(1,333)
 
 
—
 
 
 
$
60,283
 
$
(46,007)
 
$
14,276
 
 
 
 
As of December 31, 2016
 
 
 
 
 
Accumulated
 
 
 
 
 
Cost
 
Amortization
 
Net
 
 
 
(Dollars in thousands)
 
Customer lists and contracts
 
$
22,599
 
$
(20,070)
 
$
2,529
 
Domain and brand names
 
 
19,821
 
 
(12,970)
 
 
6,851
 
Favorable and assigned leases
 
 
2,379
 
 
(1,972)
 
 
407
 
Subscriber base and lists
 
 
7,972
 
 
(5,304)
 
 
2,668
 
Author relationships
 
 
2,771
 
 
(1,824)
 
 
947
 
Non-compete agreements
 
 
2,018
 
 
(1,012)
 
 
1,006
 
Other amortizable intangible assets
 
 
1,336
 
 
(1,336)
 
 
—
 
 
 
$
58,896
 
$
(44,488)
 
$
14,408
 
Amortizable Intangible Assets, Estimate Amortization Expense
Amortization expense was approximately $1.1 million and $1.4 million for the three month period ended September 30, 2017 and 2016, respectively, and $3.4 million and $3.7 million for the nine month period ended September 30, 2017 and 2016, respectively. Based on the amortizable intangible assets as of September 30, 2017, we estimate amortization expense for the next five years to be as follows:
 
Year Ended December 31,
 
Amortization Expense
 
 
 
(Dollars in thousands)
 
2017 (Oct – Dec)
 
$
1,173
 
2018
 
 
4,576
 
2019
 
 
4,006
 
2020
 
 
2,714
 
2021
 
 
1,159
 
Thereafter
 
 
648
 
Total
 
$
14,276