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Note 4 - Intangible Assets

3 Months Ended

Mar. 31, 2014

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

4.	Intangible Assets:

Intangible assets, net, consisted of the following as of March 31, 2014 and December 31, 2013:


		As of March 31, 2014
(in thousands)		Gross Carrying Amount				Accumulated Amortization				Intangible Assets, Net

Customer relationships - subject to amortization		$	13,332			$	(2,444	)		$	10,888
Trade name - not subject to amortization			23,425				-				23,425
		$	36,757			$	(2,444	)		$	34,313


		As of 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

The Company estimates that amortization expense for its intangible assets subject to amortization will be $889 thousand for the year ending December 31, 2014 and $889 thousand per year in each of the next five years.