DEFERRED CHARGES AND OTHER ASSETS (Block)

12 Months Ended

Dec. 31, 2014

Deferred Costs Capitalized Prepaid And Other Assets Disclosure Abstract

Deferred Costs Capitalized Prepaid And Other Assets Disclosure Text Block

5. DEFERRED CHARGES AND OTHER ASSETS

Deferred charges and other assets, including definite-lived intangible assets, consist of the following:

	Deferred Charges And Other Assets
	December 31,
	2014						2013
													Period Of
	Asset		Reserve		Net		Asset		Reserve		Net		Amortization
	(amounts in thousands)
Deferred contracts and other
agreements	$	1,788	$	1,374	$	414	$	1,788	$	1,277	$	511	Term of contract
Leasehold premium		846		515		331		846		474		372	Less than 1 year
Other definitive-lived assets		833		833		-		833		823		10	3 years
Total definite-lived intangibles		3,467		2,722		745		3,467		2,574		893
Debt issuance costs		23,154		13,594		9,560		23,154		9,734		13,420	Term of debt
Prepaid assets - long-term		467		-		467		600		-		600
Software costs and other		5,665		3,198		2,467		4,889		2,301		2,588
	$	32,753	$	19,514	$	13,239	$	32,110	$	14,609	$	17,501

The following table presents the various categories of amortization expense, including deferred financing expense which is reflected as interest expense:

	Amortization Expense
	Deferred Charges And Other Assets
	For The Years Ended December 31,
	2014		2013		2012
	(amounts in thousands)
Definite-lived assets	$	147	$	203	$	240
Deferred financing expense		3,860		3,870		4,405
Software costs		899		800		696
Total	$	4,906	$	4,873	$	5,341

The following table presents the Company’s estimate of amortization expense, for each of the five succeeding years for: (1) deferred charges and other assets; and (2) definite-lived assets:

	Future Amortization Expense
					Definite-Lived
	Total		Other		Assets
Years ending December 31,	(amounts in thousands)
2015	$	3,726	$	3,617		109
2016		3,287		3,205		82
2017		1,963		1,893		70
2018		1,291		1,223		68
2019		1,040		972		68
Thereafter		348		-		348
Total	$	11,655	$	10,910	$	745