Airfone Acquisition

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Airfone Acquisition

17. Airfone Acquisition

On April 11, 2013, we consummated the acquisition from LiveTV, LLC (“LiveTV”) of LiveTV Airfone, LLC (“Airfone”) which had more than 1,000 subscribers for its 1 MHz FCC License. The purchase price for the acquisition was $9.3 million. In connection with the acquisition, we also agreed to license certain intellectual property rights from LiveTV. The purchase price was funded from cash on-hand and of the $9.3 million purchase price, $1.0 million remained in escrow and is included in restricted cash along with a corresponding amount in accrued liabilities in our consolidated balance sheet as of December 31, 2013. This acquisition did not have a material impact on our financial statements. Accordingly, we have not presented pro forma disclosures.

The Airfone acquisition is accounted for under the acquisition method of accounting and the results of operations are included in our financial statements from the date of acquisition. The allocation of the purchase price is a follows (in thousands):

	Purchase Price Allocation
Trade receivables	$	422
Prepaid and other current assets		3,768
Property and equipment		2,232
Trademark/trade name		220
Service customer relationships		7,100
FCC License		964
Accounts payable and accrued liabilities		(3,628	)
Asset retirement obligations		(1,734	)
Total purchase price	$	9,344