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INTANGIBLES, Net
12 Months Ended
Dec. 31, 2014
INTANGIBLES, Net  
INTANGIBLES, Net

 

7.INTANGIBLES, Net

 

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

 

 

 

2014

 

2013

 

Amortizing intangibles

 

  $

233 

 

  $

1,076 

 

Accumulated amortization

 

(50)

 

(590)

 

 

 

183 

 

486 

 

Non-amortizing intangibles

 

50,565 

 

65,288 

 

 

 

  $

50,748 

 

  $

65,774 

 

 

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 17 years). Total amortization expense recorded was $0.4 million, $0.05 million and $0.05 million for the years ended December 31, 2014, 2013 and 2012, respectively. As of December 31, 2014, future estimated amortization expense related to amortizing intangibles through the year ending December 31, 2019 is approximately $0.01 million per year. At December 31, 2014, $18.0 million of non-amortizing intangibles and $0.1 million of amortizing intangibles (net of accumulated amortization) are subject to divestiture under the TCCC Transaction and are included in intangibles held-for-sale in the accompanying consolidated balance sheet at December 31, 2014.