Annual report pursuant to Section 13 and 15(d)

Amortizable Intangible Assets

v3.22.0.1
Amortizable Intangible Assets
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets
NOTE 10. AMORTIZABLE INTANGIBLE ASSETS
The following tables provide a summary of our significant classes of amortizable intangible
assets:
 
  
As of December 31, 2021
 
 
  
Cost
 
  
Accumulated
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
 
    
 
 
     
 
 
     
 
 
  

 
  
As of December 31, 2020
 
 
  
Cost
 
  
Accumulated
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  
    
 
 
     
 
 
     
 
 
  
Amortization expense was approximately $1.9 million and $3.3 million for the years ended December 31, 2021
,
and 2020, respectively. Based on the amortizable intangible assets as of December 31, 2021, we estimate amortization expense for the next five years to be as
follows:
 
Year ended December 31,
  
Amortization Expense
 
 
  
(Dollars in thousands)
 
2022
    $ 1,219  
2023
      796  
2024
      206  
 
Year ended December 31,
  
Amortization Expense
 
 
  
(Dollars in thousands)
 
2025
  
$
21
 
2026
      11  
Thereafter
      191  
    
 
 
  
Total
    $ 2,444