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Intangible Assets, Net
3 Months Ended
Mar. 31, 2012
Intangible Assets, Net [Abstract]  
Intangible Assets, Net
3. Intangible Assets, Net

Intangible assets, net are summarized as follows:

 

                 
     March 31,
2012
    December 31,
2011
 
($ in thousands)             

Definite-lived intangible assets:

                

Investment contracts

   $ 197,143      $ 269,489   

Accumulated amortization

     (178,418     (249,809
    

 

 

   

 

 

 

Definite-lived intangible assets, net

     18,725        19,680   

Indefinite-lived intangible assets

     32,416        32,416   
    

 

 

   

 

 

 

Total intangible assets, net

   $ 51,141      $ 52,096   
    

 

 

   

 

 

 

Activity in intangible assets, net is as follows:

 

                 
     Three Months Ended March 31,  
($ in thousands)    2012     2011  

Intangible assets, net

                

Balance, beginning of period

   $ 52,096      $ 52,977   

Purchases

     —          141   

Amortization

     (955     (1,042
    

 

 

   

 

 

 

Balance, end of period

   $ 51,141      $ 52,076