Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets, Net

Schedule of identifiable intangible assets

As of June 30, 2016 and December 31, 2015, our identifiable intangible assets consisted of the following (in thousands):

		June 30, 2016							December 31, 2015
			Accumulated								Accumulated
	Cost		Amortization			Impairments	Net		Cost		Amortization		Net
Amortizable intangible assets:
Makena base technology	$	797,100	$	86,017	$	—	$	711,083	$	797,100	$	56,540	$	740,560
CBR customer relationships		297,000		7,325		—		289,675		297,000		1,061		295,939
Favorable lease		358		119		239		—		358		63		295
MuGard Rights		16,893		1,169		15,724		—		16,893		1,016		15,877
		1,111,351		94,630		15,963		1,000,758		1,111,351		58,680		1,052,671
Indefinite-lived intangible assets:
Makena IPR&D		79,100		—		—		79,100		79,100		—		79,100
CBR trade names and trademarks		65,000		—		—		65,000		65,000		—		65,000
Total intangible assets	$	1,255,451	$	94,630	$	15,963	$	1,144,858	$	1,255,451	$	58,680	$	1,196,771

Schedule of expected future annual amortization expense related to intangible assets

We expect amortization expense related to our finite-lived intangible assets to be as follows (in thousands):

	Estimated
	Amortization
Period	Expense
Remainder of Year Ending December 31, 2016	$	43,446
Year Ending December 31, 2017		90,826
Year Ending December 31, 2018		97,992
Year Ending December 31, 2019		68,993
Year Ending December 31, 2020		46,271
Thereafter		653,230
Total	$	1,000,758