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INTANGIBLES, Net
6 Months Ended
Jun. 30, 2011
INTANGIBLES, Net  
INTANGIBLES, Net

7.                                    INTANGIBLES, Net

 

Intangibles consist of the following at:

 

 

 

June 30,
2011

 

 

December 31,
2010

 

Amortizing intangibles

 

  $

1,047

 

 

  $

1,047

 

Accumulated amortization

 

(476

)

 

(452

)

 

 

571

 

 

595

 

Non-amortizing intangibles

 

46,106

 

 

42,721

 

 

 

  $

46,677

 

 

  $

43,316

 

 

All amortizing intangibles have been assigned an estimated useful life and such intangibles are amortized on a straight-line basis over the number of years that approximate their respective useful lives ranging from one to 25 years (weighted-average life of 20 years).  Amortization expense was $0.01 million for both the three-months ended June 30, 2011 and 2010.  Amortization expense was $0.02 million for both the six-months ended June 30, 2011 and 2010.