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Other Intangible Assets
9 Months Ended
Sep. 30, 2015
Other Intangible Assets  
Other Intangible Assets

 

(9)Other Intangible Assets

 

The carrying values of the Company’s definite lived intangible assets as of September 30, 2015 and December 31, 2014, are as follows (in thousands):

                                                                                                                                                                                                        

Estimated useful life

 

Patents

 

Non-
Compete

 

Customer
List

 

Total

 

 

 

14 years

 

5 years

 

5 years

 

 

 

Gross amount at September 30, 2015

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at September 30, 2015

 

(429

)

(372

)

(1,471

)

(2,272

)

Net balance at September 30, 2015

 

$

 

$

140

 

$

575

 

$

715

 

 

 

 

 

 

 

 

 

 

 

Gross amount at December 31, 2014

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at December 31, 2014

 

(429

)

(325

)

(1,280

)

(2,034

)

Net balance at December 31, 2014

 

$

 

$

187

 

$

766

 

$

953

 

 

Amortization expense related to intangible assets was approximately $79,000 and $81,000 for the three-month periods ended September 30, 2015 and 2014, respectively, and $238,000 and $313,000 for the nine-month periods ended September 30, 2015 and 2014, respectively.  The estimated remaining amortization expense as of September 30, 2015 is as follows (in thousands):

                                                                                                                                                                                                                            

Remainder of:

 

 

 

2015

 

$

79 

 

2016

 

318 

 

2017

 

318 

 

Total

 

$

715