INTANGIBLES, Net

12 Months Ended

Dec. 31, 2011

INTANGIBLES, Net

INTANGIBLES, Net

6.INTANGIBLES, Net

The following provides additional information concerning the Company’s intangibles as of December 31:

	2011			2010
Amortizing intangibles	$	1,059		$	1,047
Accumulated amortization	(504		)	(452		)
	555			595
Non-amortizing intangibles	47,841			42,721
	$	48,396		$	43,316

All amortizing intangibles have been assigned an estimated finite 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). Total amortization expense recorded was $0.05 million, $0.05 million and $0.07 million for the years ended December 31, 2011, 2010 and 2009, respectively. As of December 31, 2011, future estimated amortization expense related to amortizing intangibles through the year ending December 31, 2016 is approximately $0.05 million per year.