INTANGIBLES, Net

3 Months Ended

Mar. 31, 2013

INTANGIBLES, Net

INTANGIBLES, Net

7. INTANGIBLES, Net

Intangibles consist of the following at:

	March 31, 2013		December 31, 2012
Amortizing intangibles	$	1,061	$	1,061
Accumulated amortization	(565)		(553		)
	496		508
Non-amortizing intangibles	57,503		54,140
	$	57,999	$	54,648

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 March 31, 2013 and March 31, 2012.