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Intangible Assets
 9 Months Ended
Sep. 30, 2013
Intangible Assets  
Intangible Assets

7.              Intangible Assets

 

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

 

 

 

September 30,
2013

 

December 31,
2012

 

Estimated
Life

 

Amortizable intangible assets

 

 

 

 

 

 

 

Customer lists

 

$

4,421

 

$

4,364

 

8-10 years

 

Trade name

 

946

 

946

 

10 years

 

Design and technologies

 

2,684

 

2,626

 

8-10 years

 

Patents

 

24

 

24

 

 

 

Accumulated amortization

 

(5,848

)

(5,529

)

 

 

Total intangible assets

 

$

2,227

 

$

2,431

 

 

 

 

Amortization expense for intangible assets was $83,000 and $126,000 for the quarters ended September 30, 2013 and 2012, respectively, and $252,000 and $466,000 for the nine months ended September 30, 2013 and 2012, respectively.