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Intangible Assets, Net
6 Months Ended
Jun. 30, 2014
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

 

6.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at June 30, 2014: 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$

195,887 

 

$

(48,686)

 

$

147,201 

Customer lists

 

153,122 

 

 

(68,981)

 

 

84,141 

Permits and non-competition agreements

 

41,369 

 

 

(11,178)

 

 

30,191 

 

 

390,378 

 

 

(128,845)

 

 

261,533 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Solid waste collection and transportation permits

 

151,505 

 

 

-

 

 

151,505 

Material recycling facility permits

 

42,283 

 

 

-

 

 

42,283 

E&P facility permits

 

59,855 

 

 

-

 

 

59,855 

 

 

253,643 

 

 

-

 

 

253,643 

Intangible assets, exclusive of goodwill

$

644,021 

 

$

(128,845)

 

$

515,176 

 

 

 

 

 

 

 

 

 

 

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2013: 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$

196,110 

 

$

(45,114)

 

$

150,996 

Customer lists

 

152,378 

 

 

(59,950)

 

 

92,428 

Permits and non-competition agreements

 

41,369 

 

 

(10,565)

 

 

30,804 

 

 

389,857 

 

 

(115,629)

 

 

274,228 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Solid waste collection and transportation permits

 

151,505 

 

 

-

 

 

151,505 

Material recycling facility permits

 

42,283 

 

 

-

 

 

42,283 

E&P facility permits

 

59,855 

 

 

-

 

 

59,855 

 

 

253,643 

 

 

-

 

 

253,643 

Intangible assets, exclusive of goodwill

$

643,500 

 

$

(115,629)

 

$

527,871 

 

Estimated future amortization expense for the next five years relating to finite-lived intangible assets is as follows: 

 

 

 

 

 

For the year ending December 31, 2014

 

$

26,774 

For the year ending December 31, 2015

 

$

26,208 

For the year ending December 31, 2016

 

$

22,255 

For the year ending December 31, 2017

 

$

20,174 

For the year ending December 31, 2018

 

$

19,248