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INTANGIBLES, Net
3 Months Ended
Mar. 31, 2015
INTANGIBLES, Net  
INTANGIBLES, Net

 

 

9.INTANGIBLES, Net

 

Intangibles consist of the following at:

 

 

 

March 31,
2015

 

December 31,
2014

Amortizing intangibles

 

$

233 

 

$

233 

Accumulated amortization

 

(50)

 

(50)

 

 

183 

 

183 

Non-amortizing intangibles

 

52,117 

 

50,565 

 

 

$

52,300 

 

$

50,748 

 

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 $0.001 million and $0.1 million for the three-months ended March 31, 2015 and 2014, respectively. At March 31, 2015, $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 March 31, 2015.