XML 108 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Trade Names and Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Trade Names and Other Intangible Assets, Net

9. TRADE NAMES AND OTHER INTANGIBLE ASSETS, NET

Trade names, net are comprised of the following at December 31, 2013:

 

     Weighted
Average
Amortization
Period
   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Value
 

Trade names—indefinite lives

      $ 157,000       $ —         $ 157,000   

Trade names—definite lives

   10 years      11,000         4,492         6,508   
     

 

 

    

 

 

    

 

 

 

Total Trade names, net

      $ 168,000       $ 4,492       $ 163,508   
     

 

 

    

 

 

    

 

 

 

Trade names-net are comprised of the following at December 31, 2012:

 

     Weighted
Average
Amortization
Period
   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Value
 

Trade names—indefinite lives

      $ 157,000       $ —         $ 157,000   

Trade names—definite lives

   10 years      11,000         3,392         7,608   
     

 

 

    

 

 

    

 

 

 

Total Trade names, net

      $ 168,000       $ 3,392       $ 164,608   
     

 

 

    

 

 

    

 

 

 

 

Other intangible assets-net at December 31, 2013, consisted of the following:

 

     Weighted
Average
Amortization
Period
   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Value
 

Favorable lease asset

   39 years    $ 18,200       $ 1,867       $ 16,333   

Reseller agreements

   8.1 years      22,300         11,232         11,068   

Non-compete agreement

   5 years      500         58         442   
     

 

 

    

 

 

    

 

 

 

Total other intangible assets, net

      $ 41,000       $ 13,157       $ 27,843   
     

 

 

    

 

 

    

 

 

 

Other intangible assets-net at December 31, 2012, consisted of the following:

 

     Weighted
Average
Amortization
Period
   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Value
 

Favorable lease asset

   39 years    $ 18,200       $ 1,397       $ 16,803   

Reseller agreements

   8.1 years      22,300         8,483         13,817   

Non-compete agreement

   5 years      500         —           500   
     

 

 

    

 

 

    

 

 

 

Total other intangible assets, net

      $ 41,000       $ 9,880       $ 31,120   
     

 

 

    

 

 

    

 

 

 

Total amortization was approximately $4,400 for the year ended December 31, 2013 and $4,300 for both the years ended December 31, 2012 and 2011. The total weighted average amortization period of all finite-lived intangibles is 19.3 years. Total expected amortization of the finite-lived intangible assets for the succeeding five years and thereafter is as follows:

 

Years Ending December 31

      

2014

   $ 4,418   

2015

     4,418   

2016

     4,418   

2017

     4,213   

2018

     1,870   

Thereafter

     15,014   
  

 

 

 
   $ 34,351