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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2012
GOODWILL AND INTANGIBLE ASSETS  
Schedule of intangible assets

 

 

 

 

 

Estimated
Average Life

 

 

 

 

 

(years)

 

2012

 

Customer list

 

9

 

$

10,490

 

Trade name

 

1

 

1,590

 

Total Intangible assets

 

 

 

12,080

 

Less accumulated amortization:

 

 

 

 

 

Trade name

 

 

 

(684

)

Customer list

 

 

 

(502

)

Total accumulated amortization

 

 

 

(1,186

)

Intangible assets, net

 

7.9

 

$

10,894

 

Schedule of estimated amortization expense

 

 

(numbers in thousands)

 

2012

 

$

689

 

2013

 

1,673

 

2014

 

1,166

 

2015

 

1,166

 

2016

 

1,166

 

Thereafter

 

5,034

 

Total

 

$

10,894