Annual report pursuant to Section 13 and 15(d)

Amortizable Intangible Assets (Tables)

v3.22.4
Amortizable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 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:

 
 
  
As of December 31, 2022
 
 
  
Cost
 
  
Accumulated
Amortization
 
  
Net
 
 
  
(Dollars in thousands)
 
Customer lists and contracts
  
$
24,186
 
  
$
(23,006
  
$
1,180
 
Domain and brand names
  
 
19,978
 
  
 
(19,704
  
 
274
 
Favorable and assigned leases
  
 
2,188
 
  
 
(1,975
  
 
213
 
Subscriber base and lists
  
 
8,647
 
  
 
(8,531
  
 
116
 
Author relationships
  
 
3,070
 
  
 
(2,771
  
 
299
 
Non-compete
agreements
  
 
2,052
 
  
 
(2,044
  
 
8
 
Other amortizable intangible assets
  
 
1,411
 
  
 
(1,352
  
 
59
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
$
61,532
 
  
$
(59,383
  
$
2,149
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
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  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortizable Intangible Assets, Estimate Amortization Expense
Amortization expense was approximately $1.3 million and $1.9 million for the years ended December 31, 2022, and 2021, respectively.
Based on the amortizable intangible assets as of December 31, 2022, we estimate amortization expense for the next five years to be as follows:
 
Year ended December 31,
  
Amortization
Expense
 
 
  
(Dollars in thousands)
 
2023
   $ 1,077  
2024
     425  
2025
     239  
2026
     129  
2027
     93  
Thereafter
     186  
    
 
 
 
Total
   $ 2,149