Intangible Assets

12 Months Ended

Dec. 31, 2012

Intangible Assets [Abstract]

Intangible Assets

9. Intangible Assets

Intangible Assets, all related to discontinued operations, were established in connection with our adoption of fresh-start accounting and consisted of (in thousands):

	December 31, 2011
	Gross		Accumulated
	Amount		Amortization
Internally developed software and technology	$	59,027	$	(57,173)
Trade names		9,200		(2,875)
Total	$	68,227	$	(60,048)

Total amortization expense for intangible assets, included in income from discontinued operations, was $2.2 million, $2.9 million and  $9.2 million for the years ended December 31, 2012, 2011 and 2010, respectively.

The following summarizes fair value adjustments made in connection with our adoption of fresh start accounting related to contracts-in-process, long-term receivables, customer advances and billings in excess of costs and profits and long-term liabilities (in thousands):

	December 31,
	2011
Gross fair value adjustments	$	(36,896)
Accumulated amortization		20,255
	$	(16,641)

All of the above fair value adjustments as of December 31, 2011 related to discontinued operations.

Net amortization of these fair value adjustments, included in income from discontinued operations, was a credit to expense of $1.5 million, $1.0 million and  $2.9 million for the three years ended December 31, 2012, 2011 and 2010, respectively.