XML 49 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
Amortizable Intangible Assets
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets
Amortizable Intangible Assets
Amortizable intangible assets at September 30, 2016 and December 31, 2015 consisted of the following:
 
September 30, 2016
 
December 31, 2015
(in thousands)
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Weighted
Average
Life
(Years)(1)
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Weighted
Average
Life
(Years)(1)
Purchased customer accounts
$
1,445,052

 
$
(720,728
)
 
$
724,324

 
15.0
 
$
1,398,986

 
$
(656,799
)
 
$
742,187

 
15.0
Non-compete agreements
29,635

 
(27,819
)
 
1,816

 
6.8
 
29,440

 
(26,947
)
 
2,493

 
6.8
Total
$
1,474,687

 
$
(748,547
)
 
$
726,140

 
 
 
$
1,428,426

 
$
(683,746
)
 
$
744,680

 
 
(1)
Weighted average life calculated as of the date of acquisition.
Amortization expense for amortizable intangible assets for the years ending December 31, 2016, 2017, 2018, 2019 and 2020 is estimated to be $86.6 million, $84.7 million, $79.5 million, $75.0 million, and $67.6 million, respectively.