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Acquired Sales Contracts
12 Months Ended
Dec. 31, 2014
Acquired Sales Contracts [Abstract]  
Acquired Sales Contracts
Acquired Sales Contracts

The acquired sales contracts reflected in the consolidated balance sheets are as follows:
 
December 31, 2014
 
December 31, 2013
 
 
 
Assets
 
Liabilities
 
Net Total
 
Assets
 
Liabilities
 
Net Total
 
(In thousands)
 
 
 
(In thousands)
 
 
Acquired fair value
$
131,299

 
$
166,697

 
 
 
$
131,819

 
$
166,697

 
 
Accumulated amortization
(130,363
)
 
(134,988
)
 
 
 
(129,449
)
 
(120,367
)
 
 
Total
$
936

 
$
31,709

 
$
(30,773
)
 
$
2,370

 
$
46,330

 
$
(43,960
)
Balance Sheet classification:
 
 
 
 
 
 
 
 
 
 
 
Other current
$
462

 
$
12,453

 
 
 
$
1,324

 
$
14,373

 
 
Other noncurrent
$
474

 
$
19,256

 
 
 
$
1,046

 
$
31,957

 
 

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 $12.2 million in 2015, $7.2 million in 2016, $3.6 million in 2017, and $3.6 million in 2018 and $4.1 million in 2019.