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GOODWILL
12 Months Ended
Dec. 31, 2013
GOODWILL  
GOODWILL

8.                                      GOODWILL

 

The changes in the carrying amount of goodwill by segment are as follows:

 

 

 

 

 

Asset

 

Total

 

 

 

Acquisitions

 

Protection

 

Consolidated

 

 

 

(Dollars In Thousands)

 

Balance as of December 31, 2011

 

$

38,713

 

$

48,158

 

$

86,871

 

Tax benefit of excess tax goodwill

 

(3,098

)

 

(3,098

)

Balance as of December 31, 2012

 

35,615

 

48,158

 

83,773

 

Tax benefit of excess tax goodwill

 

(3,098

)

 

(3,098

)

Balance as of December 31, 2013

 

$

32,517

 

$

48,158

 

$

80,675

 

 

During the year ended December 31, 2013 and 2012, the Company decreased its goodwill balance by approximately $3.1 million and $3.1 million, respectively. The decreases were due to an adjustment in the Acquisitions segment related to tax benefits realized during 2013 and 2012 on the portion of tax goodwill in excess of GAAP basis goodwill. See Note 2, Summary of Significant Accounting Policies for additional information.