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IDENTIFIED INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2019
IDENTIFIED INTANGIBLE ASSETS [Abstract]  
IDENTIFIED INTANGIBLE ASSETS

7.  IDENTIFIED INTANGIBLE ASSETS



A schedule of identified intangible assets is as follows:







 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

($ in thousands)

 

 

Amount

 

Amortization

 

Amount

March 31, 2019

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

723 

 

172 

Total Intangibles

 

$

30,987 

$

723 

$

30,264 



 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

December 31, 2018

 

 

Amount

 

Amortization

 

Amount

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

714 

 

181 

Total Intangibles

 

$

30,987 

$

714 

$

30,273 



 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

March 31, 2018

 

 

Amount

 

Amortization

 

Amount

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

683 

 

212 

Total Intangibles

 

$

30,987 

$

683 

$

30,304 



The weighted average life for our patents is 6.0 years.



A schedule of approximate amortization expense related to finite-lived intangible assets for the three months ended March 31, 2019 and 2018 is as follows:







 

 

 

 

 



 

Three Months Ended

 



 

March 31,

 

($ in thousands)

 

2019

 

2018

 

Amortization expense

$

$

11 

 





A schedule of approximate expected amortization expense related to finite-lived intangible assets for the years ending December 31, is as follows:







 

 



 

Amortization

($ in thousands)

 

Expense

2019

 

25 

2020

 

31 

2021

 

26 

2022

 

22 

2023

 

20 

2024

 

17 

2025+

 

31