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Note 6 - Intangible Assets | 12 Months Ended
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Dec. 31, 2013
Disclosure Text Block [Abstract] |
Intangible Assets Disclosure [Text Block] | 6. Intangible Assets: Intangible assets, net, consisted of the following as of December 31, 2013 and 2012:
|  | December 31, 2013 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Intangible Assets, Net |
Customer relationships - subject to amortization |  | $ | 13,332 |  |  | $ | (2,222 | ) |  | $ | 11,110 |
Trade name - not subject to amortization |  |  | 23,425 |  |  |  | - |  |  |  | 23,425 |
|  | $ | 36,757 |  |  | $ | (2,222 | ) |  | $ | 34,535 |
|  | December 31, 2012 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Intangible Assets, Net |
Customer relationships - subject to amortization |  | $ | 13,332 |  |  | $ | (1,333 | ) |  | $ | 11,999 |
Trade name - not subject to amortization |  |  | 23,425 |  |  |  | - |  |  |  | 23,425 |
|  | $ | 36,757 |  |  | $ | (1,333 | ) |  | $ | 35,424 |
All of the Company’s intangible assets were recorded in connection with its July 1, 2011 acquisition of CTI (See Note 2). The intangible assets noted above were evaluated on the premise of highest and best use to a market participant, primarily utilizing the income approach valuation methodology. The useful life of the CTI trade name was determined to be indefinite primarily due to its history and reputation in the marketplace, the Company’s expectation that the CTI trade name will continue to be used throughout the life of CTI, and the conclusion that there are currently no other factors identified that would limit its useful life. The useful life of the CTI customer relationships was determined to be fifteen years, based primarily on the consistent and predictable revenue source associated with the existing CTI customer base, the present value of which extends through the fifteen year amortization period. The Company will continue to evaluate the useful life assigned to our amortizable customer relationships in future periods. The Company estimates that amortization expense for its intangible assets subject to amortization will be $0.9 million per year in each of the next five years.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
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