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INTANGIBLES, Net
12 Months Ended
Dec. 31, 2013
INTANGIBLES, Net  
INTANGIBLES, Net

6.                                    INTANGIBLES, Net

 

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

 

 

 

 

2013

 

 

2012

 

Amortizing intangibles

 

$

1,076

 

 

$

1,061

 

Accumulated amortization

 

(590

)

 

(553

)

 

 

486

 

 

508

 

Non-amortizing intangibles

 

65,288

 

 

54,140

 

 

 

$

65,774

 

 

$

54,648

 

 

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 20 years). Total amortization expense recorded was $0.05 million for each of the years ended December 31, 2013, 2012 and 2011, respectively. As of December 31, 2013, future estimated amortization expense related to amortizing intangibles through the year ending December 31, 2018 is approximately $0.05 million per year.