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Intangible Assets, Net
 3 Months Ended
Mar. 31, 2015
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

 

7.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at March 31, 2015: 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$
197,096 

 

$
(54,447)

 

$
142,649 

Customer lists

 
163,498 

 

 
(82,650)

 

 
80,848 

Permits and non-competition agreements

 
78,440 

 

 
(12,058)

 

 
66,382 

 

 
439,034 

 

 
(149,155)

 

 
289,879 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Solid waste collection and transportation permits

 
152,761 

 

 

-

 

 
152,761 

Material recycling facility permits

 
42,283 

 

 

-

 

 
42,283 

E&P facility permits

 
59,855 

 

 

-

 

 
59,855 

 

 
254,899 

 

 

-

 

 
254,899 

Intangible assets, exclusive of goodwill

$
693,933 

 

$
(149,155)

 

$
544,778 

 

 

 

 

 

 

 

 

 

 

The weighted-average amortization period of long-term franchise agreements and contracts acquired during the three months ended March 31, 2015 was 10.0 years. The weighted-average amortization period of customer lists acquired during the three months ended March 31, 2015 was 5.7 years.  The weighted-average amortization period of finite-lived permits acquired during the three months ended March 31, 2015 was 38.1 years.

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 

 

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

 

$
28,484 

For the year ending December 31, 2016

 

$
24,608 

For the year ending December 31, 2017

 

$
22,547 

For the year ending December 31, 2018

 

$
21,621 

For the year ending December 31, 2019

 

$
17,034