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Other Intangible Assets
9 Months Ended
Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
Other Intangible Assets
Other intangible assets are as follows (in thousands):
 
 
September 30, 2013
 
December 31, 2012
 
 
Cost
 
Accumulated Amortization
 
Cost
 
Accumulated Amortization
Finite lived intangible assets:
 

 

 

 

Patents and technology
 
$
19,000

 
$
2,924

 
$
4,314

 
$
1,654

Customer Lists
 
52,607

 
8,313

 
23,337

 
6,688

Non-compete agreements
 

 

 
402

 
402

Trademarks and brand names
 
7,191

 
1,889

 
6,151

 
1,513

Other
 
157

 

 
915

 
801

Total finite lived intangible assets acquired
 
78,955

 
13,126

 
35,119

 
11,058

Deferred financing costs
 
1,256

 
53

 
1,290

 
1,185

Total amortizable intangible assets
 
80,211

 
$
13,179

 
36,409

 
$
12,243

Indefinite lived intangible assets:
 

 
 
 

 
 
Trademarks and brand names
 
11,630

 
 
 

 
 
Total other intangibles assets
 
$
91,841

 
 
 
$
36,409

 
 
 
 
 
 
 
 
 
 
 
Carrying value:
 
 
 
 
 
 
 
 
Other intangible assets, net
 
$
78,662

 
 
 
$
24,166

 
 

With the acquisition of Florida Chemical on May 10, 2013, the Company recorded increases in finite lived intangible assets of $14.1 million in patents and technology, $29.3 million in customer lists and $1.0 million in trademarks and brand names. In addition, the Company recorded $11.6 million in indefinite lived trademarks and brand names. These acquired intangible assets are recorded at fair value as of the date of acquisition.
Finite lived intangible assets acquired are amortized on a straight-line basis over two to 20 years. Amortization of finite lived intangible assets totaled $1.3 million and $0.5 million for the three months ended September 30, 2013 and 2012, respectively, and $2.7 million and $1.6 million for the nine months ended September 30, 2013 and 2012, respectively.