Acquired Sales Contracts

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



	December 31, 2013						December 31, 2012
	Assets			Liabilities			Assets			Liabilities
	(In thousands)						(In thousands)
Acquired fair value	$	131,819		$	166,697		$	131,819		$	166,697
Accumulated amortization	(129,449		)	(120,367		)	(123,776		)	(105,237		)
Total	$	2,370		$	46,330		$	8,043		$	61,460
Net total				$	(43,960	)				$	(53,417	)
Balance Sheet classification:
Other current	$	1,324		$	14,373		$	5,651		$	14,038
Other noncurrent	$	1,046		$	31,957		$	2,392		$	47,422

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 $21.5 million in 2014, $6.7 million in 2015, $2.8 million in 2016, and $3.3 million in 2017 and $3.1 million in 2018.