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Other Assets
12 Months Ended
Dec. 31, 2015
Other Assets [Abstract]  
Other Assets
5. Other Assets

 

Other assets consist of the following:

  

December 31,   2015     2014  
             
Patents, at cost   $ 6,322     $ 6,113  
Accumulated amortization     (3,629 )     (3,364 )
Deposits on capital items     16,839       19,011  
Software development costs, at cost     2,057       2,057  
Accumulated amortization     (1,792 )     (1,381 )
Other     2,994       3,111  
    $ 22,791     $ 25,547  

 

The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.3 million, $0.3 million, and $0.2 million in 2015, 2014, and 2013, respectively. The estimated annual patent amortization cost for each of the next five years is $0.3 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.

 

Software development costs were incurred to develop and implement an integrated ERP system prior to the time the system became operational. These costs are being amortized using the straight line method over a period of sixty months. Costs incurred subsequent to the system becoming operational are being expensed. The cost of software development cost amortization was $0.4 million, $0.4 million, and $0.5 million in 2015, 2014, and 2013, respectively.