INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2012

INTANGIBLE ASSETS

INTANGIBLE ASSETS

3. INTANGIBLE ASSETS

        Intangible assets on the Company's consolidated balance sheets consist of the following (in thousands):

	December 31, 2012							December 31, 2011
	Gross Amount		Accumulated amortization			Net Book Value		Gross Amount		Accumulated amortization			Net Book Value		Estimated Life
Customer lists	$	4,364	$	(3,212	)	$	1,152	$	4,315	$	(2,960	)	$	1,355	8 - 10 years
Trade name		946		(889	)		57		946		(804	)		142	10 years
Design and technologies		2,626		(1,427	)		1,199		2,575		(1,160	)		1,415	8 - 10 years
Patents		24		(1	)		23		24		0			24
Total	$	7,960	$	(5,529	)	$	2,431	$	7,860	$	(4,924	)	$	2,936

        Total amortization expense for intangible assets for the years 2012 and 2011 was $548,000 and $732,000 respectively. Estimated amortization expense for intangible assets is $338,000 for the year ending December 31, 2013, $310,000 for 2014, $295,000 for 2015, $295,000 for 2016, $295,000 for 2017, and $898,000 for years thereafter.