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Definite- and Indefinite-Lived Intangible Assets | 12 Months Ended
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Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
DEFINITE- AND INDEFINITE-LIVED INTANGIBLE ASSETS | DEFINITE- AND INDEFINITE-LIVED INTANGIBLE ASSETS The following is a summary of both the Company's definite- and indefinite-lived intangible assets net of the accumulated amortization:
(in thousands) | Estimated Useful Lives | December 31, 2016 | December 31, 2015
Definite: |  |  |  |  |  |  |
Trade names and trademarks | 25 years |  | $ | 21,914 |  |  |  | $ | 21,878 |  |
Customer and dealer relationships | 14 years |  | 28,822 |  |  |  | 28,715 |  |
Patents and drawings | 12 years |  | 1,954 |  |  |  | 1,893 |  |
Total at cost |  |  | 52,690 |  |  |  | 52,486 |  |
Less accumulated amortization |  |  | (8,152 | ) |  |  | (5,036 | ) |
Total net |  |  | 44,538 |  |  |  | 47,450 |  |
Indefinite: |  |  |  |  |  |  |
Trade names and trademarks |  |  | 5,500 |  |  |  | 5,500 |  |
Total Intangible Assets |  |  | $ | 50,038 |  |  |  | $ | 52,950 |  |
The Company's net carrying value at December 31, 2016 of intangible assets with definite useful lives consists of trade names and trademarks at $19,608,000, customer and dealer relationships at $23,396,000 and patents and drawings at $1,534,000. As of December 31, 2016, the related accumulated amortization balance for the definite- lived assets were $2,306,000 for trade names and trademarks, $5,426,000 for customer and dealer relationships, and $420,000 for Patents and drawings. The Company estimates amortization expense to be $3,104,000 for each of the next five years. Indefinite-lived trade names and trademarks consisted of the Gradall trade name with a carrying value of $3,600,000 and the Bush Hog trade name with a carrying value of $1,900,000.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
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