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Trade Names/Trademarks and Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Trade Names/Trademarks and Other Intangible Assets, Net

9. TRADE NAMES/TRADEMARKS AND OTHER INTANGIBLE ASSETS, NET

Trade names/trademarks, net are comprised of the following at December 31, 2014:

 

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

Trade names/trademarks—indefinite lives

      $ 157,000       $ —         $ 157,000   

Trade names/trademarks—definite lives

     9.3 years         12,900         5,712         7,188   
     

 

 

    

 

 

    

 

 

 

Total trade names/trademarks, net

$ 169,900    $ 5,712    $ 164,188   
     

 

 

    

 

 

    

 

 

 

 

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

 

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

Trade names/trademarks—indefinite lives

      $ 157,000       $ —         $ 157,000   

Trade names/trademarks—definite lives

     10 years         11,000         4,492         6,508   
     

 

 

    

 

 

    

 

 

 

Total trade names/trademarks, net

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

 

 

    

 

 

    

 

 

 

Other intangible assets, net at December 31, 2014, consisted of the following:

 

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

Favorable lease asset

     39 years       $ 18,200       $ 2,333       $ 15,867   

Reseller agreements

     8.1 years         22,300         13,984         8,316   

Non-compete agreement

     5 years         500         158         342   
     

 

 

    

 

 

    

 

 

 

Total other intangible assets, net

$ 41,000    $ 16,475    $ 24,525   
     

 

 

    

 

 

    

 

 

 

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   
     

 

 

    

 

 

    

 

 

 

Total amortization was approximately $4,600, $4,400 and $4,300 for the years ended December 31, 2014, 2013 and 2012, respectively. The total weighted average amortization period of all finite-lived intangibles is 18.8 years.

Total expected amortization of the finite-lived intangible assets for the succeeding five years and thereafter is as follows:

 

Years Ending December 31

  

 

 
2015    $ 4,780   
2016      4,780   
2017      4,574   
2018      2,235   
2019      1,849   
Thereafter      13,495   
  

 

 

 
$ 31,713