Acquired Sales Contracts

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



	December 31, 2012						December 31, 2011
	Assets			Liabilities			Assets			Liabilities
	(In thousands)						(In thousands)
Acquired fair value	$	131,819		$	166,697		$	149,457		$	166,697
Accumulated amortization	(123,776		)	(105,237		)	(115,322		)	(69,699		)
Total	$	8,043		$	61,460		$	34,135		$	96,998
Net total				$	(53,417	)				$	(62,863	)
Balance Sheet classification:
Other current	$	5,651		$	14,038		$	18,929		$	38,441
Other noncurrent	$	2,392		$	47,422		$	15,206		$	58,557

In 2012 the Company recognized an impairment loss of $15.7 million to write off a contract acquired with the ICG acquisition with an original acquired fair value of $17.5 million.

The Company anticipates amortization of acquired sales contracts, based upon expected shipments in the next five years, to be income of approximately $8.1 million in 2013, $11.6 million in 2014, $10.8 million in 2015, $9.3 million in 2016 and $3.2 million in 2017.