6. Acquired Sales Contracts

The acquired sales contracts reflected in the condensed consolidated balance sheets are as follows:


		December 31, 2011				December 31, 2010
		Assets		Liabilities		Assets		Liabilities
		(In thousands)				(In thousands)
Acquired fair value	$	149,457	$	166,697	$	114,453	$	40,654
Accumulated amortization		(115,322)		(69,699)		(82,376)		(14,613)
Total	$	34,135	$	96,998	$	32,077	$	26,041
Net total			$	(62,863)	$	6,036
Balance Sheet classification:
Other current	$	18,929	$	38,441	$	25,063	$	5,615
Other noncurrent	$	15,206	$	58,557	$	7,014	$	20,426

Above-market contracts with a fair value of $35.0 million and below-market contracts with a fair value of $126.0 million were acquired from ICG. See Note 3, "Business Combinations" for discussion of purchase price adjustments.

The Company anticipates amortization income of all acquired sales contracts, based upon expected shipments in the next five years, to be approximately $18.5 million in 2012, $5.2 million in 2013, $3.3 million in 2014, $12.7 million in 2015 and $7.7 million in 2016.