XML 37 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other assets
12 Months Ended
Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other assets
Other assets
a) Other assets are as follows:


December 31, 2017


December 31, 2016

Long term prepaid lease payments (note 7)

$
1,779


$
1,839

Intangible assets (note 10(b))

938


1,790

Deferred financing costs (note 10(c))

707


320

Deferred lease inducement asset (note 10(d))

784


927

Loan to partnership (note 24)
 
969

 

 

$
5,177


$
4,876


b) Intangible assets
 
 
December 31, 2017

 
December 31, 2016

Cost
 
$
18,188

 
$
18,122

Accumulated amortization
 
17,250

 
16,332

Net book value
 
$
938

 
$
1,790

During the year ended December 31, 2017, the Company capitalized $66 (2016 – $304) of internally developed computer software costs.
Amortization of intangible assets for the year ended December 31, 2017 was $918 (2016$1,688).
The estimated amortization expense for future years is as follows:
For the year ending December 31,
 
 
2018
 
$
464

2019
 
266

2020
 
149

2021
 
59

 
 
$
938


c) Deferred financing costs
 
 
December 31, 2017

 
December 31, 2016

Cost
 
$
1,390

 
$
550

Accumulated amortization
 
683

 
230

 
 
$
707

 
$
320

During the year ended December 31,2017, financing fees of $840 were incurred in connection with the revolving facilities under the credit facilities (note 13(b)). These fees are being amortized ratably over the term of the credit facilities.
Amortization of these deferred financing costs included in interest expense for the year ended December 31, 2017 was $453 (2016$162) (note 20).
d) Deferred lease inducements asset
Lease inducements applicable to lease contracts are deferred and amortized as an increase in general and administrative expenses on a straight-line basis over the lease term, which includes the initial lease term and renewal periods only where renewal is determined to be reasonably assured.
 
 
December 31, 2017

 
December 31, 2016

Balance, beginning of year
 
$
927

 
$
1,070

Amortization of deferred lease inducements
 
(143
)
 
(143
)
Balance, end of year
 
$
784

 
$
927