Intangible Assets

6 Months Ended

Jun. 30, 2014

Intangible Assets [Abstract]

Intangible Assets [Text Block]

D.Intangible Assets

As part of MtronPTI's acquisition of certain filter product line assets from Trilithic, MtronPTI acquired $538,000 of intellectual property. These intangible assets are included in "other assets" and are recorded at cost less accumulated amortization.  Amortization is computed for financial reporting purposes using the straight-line method over an estimated useful life of 10 years. The net carrying value of these intangible assets is $516,000 as of June 30, 2014.

The estimated aggregate amortization expense for each of the five succeeding years and thereafter is as follows (in thousands):

Remainder of 2014	$	27
2015		54
2016		54
2017		54
2018		54
Thereafter		273
Total	$	516

E.Note Payable to Bank