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Note 10 - Intangible Assets

12 Months Ended

Dec. 31, 2011

Intangible Assets Disclosure [Text Block]

10.	Intangible assets

December 31, 2011		Gross carrying amount				Accumulated amortization				Net

Customer lists and relationships		$	152,824			$	48,683			$	104,141
Franchise rights			37,246				12,648				24,598
Trademarks and trade names:
Indefinite life			20,702				-				20,702
Finite life			40,176				9,179				30,997
Management contracts and other			20,010				11,548				8,462
Brokerage backlog			2,240				2,231				9
		$	273,198			$	84,289			$	188,909

December 31, 2010		Gross carrying amount				Accumulated amortization				Net

Customer lists and relationships		$	148,408			$	41,321			$	107,087
Franchise rights			37,899				10,995				26,904
Trademarks and trade names:
Indefinite life			20,758				-				20,758
Finite life			38,857				8,828				30,029
Management contracts and other			17,541				9,509				8,032
Brokerage backlog			3,981				3,597				384
		$	267,444			$	74,250			$	193,194

During the year ended December 31, 2011, the Company acquired the following intangible assets:

		Amount				Estimated weighted average amortization period (years)

Customer lists and relationships		$	13,015				10.0
Franchise rights			97				9.4
Trademarks and trade names			3,060				19.6
Management contracts and other			998				6.7
			17,170				11.5

The following is the estimated annual amortization expense for recorded intangible assets for each of the next five years ending December 31:

	2012		$	19,310
	2013			16,551
	2014			14,847
	2015			14,402
	2016			13,868

- Definition

The entire disclosure for all or part of the information related to intangible assets.

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