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Amortizable Intangible Assets
 12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

NOTE 4 Amortizable Intangible Assets

Amortizable intangible assets at December 31 consisted of the following:

 

     2013      2012  

(in thousands)

    Gross
Carrying
Value		      Accumulated
Amortization		     Net
Carrying
Value		      Weighted
Average
Life
(years)		      Gross
Carrying
Value		      Accumulated
Amortization		     Net
Carrying
Value		      Weighted
Average
Life
(years)		  

Purchased customer accounts

    $ 1,120,719       $ (505,137 )    $ 615,582         14.9       $ 1,005,031       $ (439,623 )    $ 565,408         14.9   

Non-compete agreements

      28,115         (24,809 )      3,306         7.0         25,320         (24,190 )      1,130         7.2   
  

 

 

     

 

 

    

 

 

        

 

 

     

 

 

    

 

 

     

Total

    $ 1,148,834       $ (529,946 )    $ 618,888          $ 1,030,351       $ (463,813 )    $ 566,538      
  

 

 

     

 

 

    

 

 

        

 

 

     

 

 

    

 

 

     

Amortization expense recorded for amortizable intangible assets for the years ended December 31, 2013, 2012 and 2011 was $67,932,000, $63,573,000 and $54,755,000, respectively.

Amortization expense for amortizable intangible assets for the years ending December 31, 2014, 2015, 2016, 2017 and 2018 is estimated to be $71,306,000, $70,017,000, $65,479,000, $62,767,000, and $57,442,000, respectively.