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Intangible Assets, Net
 12 Months Ended
Dec. 31, 2014
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

4.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2014: 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$
195,676 

 

$
(52,448)

 

$
143,228 

Customer lists

 
161,463 

 

 
(77,931)

 

 
83,532 

Permits and non-competition agreements

 
41,369 

 

 
(11,777)

 

 
29,592 

 

 
398,508 

 

 
(142,156)

 

 
256,352 

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

$
652,151 

 

$
(142,156)

 

$
509,995 

 

The weighted-average amortization period of long-term franchise agreements and contracts acquired during the year ended December 31, 2014 was 2.5 years. The weighted-average amortization period of customer lists acquired during the year ended December 31, 2014 was 9.2 years.  

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 

 

The weighted-average amortization period of long-term franchise agreements and contracts acquired during the year ended December 31, 2013 was 10.0 years. The weighted-average amortization period of customer lists acquired during the year ended December 31, 2013 was 6.4 years.       

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

 

 

 

 

For the year ending December 31, 2015

 

$
27,237 

For the year ending December 31, 2016

 

$
23,158 

For the year ending December 31, 2017

 

$
21,077 

For the year ending December 31, 2018

 

$
20,151 

For the year ending December 31, 2019

 

$
15,564