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Intangible Assets
6 Months Ended
Jun. 30, 2011
Intangible Assets  
Intangible Assets
3. Intangible Assets

Intangible assets are summarized as follows:

 

     June 30,
2011
    December 31,
2010
 
($ in thousands)             

Definite-lived intangible assets:

    

Investment contracts

   $ 271,709      $ 271,568   

Accumulated amortization

     (250,121     (248,081
  

 

 

   

 

 

 

Definite-lived intangible assets, net

     21,588        23,487   

Indefinite-lived intangible assets

     29,490        29,490   
  

 

 

   

 

 

 

Total intangible assets, net

   $ 51,078      $ 52,977   
  

 

 

   

 

 

 

 

Activity in intangible assets is as follows:

 

     Six Months Ended
June 30,
 
($ in thousands)    2011     2010  

Intangible assets

    

Balance, beginning of period

   $ 52,977      $ 54,844   

Purchases

     141        339   

Amortization

     (2,040     (2,822
  

 

 

   

 

 

 

Balance, end of period

   $ 51,078      $ 52,361