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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Other intangible assets consisted of the following:
 September 30, 2020December 31, 2019
(in thousands)Gross
Carrying
Amount
Accumulated Amortization and OtherNetGross
Carrying
Amount
Accumulated Amortization and OtherNet
Goodwill - Broadband$2,687 $— $2,687 $2,687 $— $2,687 
Indefinite-lived intangibles:
Cable franchise rights$64,334 $— $64,334 $64,334 $— $64,334 
FCC spectrum licenses13,839 — 13,839 13,839 — 13,839 
Railroad crossing rights141 — 141 141 — 141 
Total indefinite-lived intangibles78,314 — 78,314 78,314 — 78,314 
Finite-lived intangibles:
FCC spectrum licenses20,777 (280)20,497 4,659 (97)4,562 
Acquired subscribers - Cable28,065 (25,900)2,165 28,065 (25,600)2,465 
Other intangibles463 (270)193 463 (250)213 
Total finite-lived intangibles49,305 (26,450)22,855 33,187 (25,947)7,240 
Total intangible assets$130,306 $(26,450)$103,856 $114,188 $(25,947)$88,241 

During the three months ended September 30, 2020, the Company completed the purchase of certain CBRS spectrum licenses for an aggregate cost of $16.1 million, within our Broadband segment. Spectrum licenses in the CBRS band are issued by the Federal Communications Commission (“FCC”) and provide us priority access rights over general access users other than incumbents, in that specific band, in accordance with the FCC’s three-tier CBRS band spectrum sharing framework to utilize designated radio frequency spectrum within specific geographic service areas to provide wireless communication services.

We acquired Big Sandy Broadband, Inc. (“Big Sandy”) on February 28, 2019. The $10 million acquisition price was allocated as follows within our Broadband segment: $4.6 million of property, plant and equipment; $2.8 million of subscriber relationships; and $2.6 million of goodwill.
Amortization expense was $0.2 million and $0.1 million during the three months ended September 30, 2020 and 2019, respectively, and $0.5 million and $0.3 million for the nine months ended September 30, 2020 and 2019, respectively.