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Intangible And Other Assets, Net
12 Months Ended
Dec. 31, 2011
Intangible And Other Assets, Net [Abstract]  
Intangible And Other Assets, Net

(12) Intangible and other assets, net

Intangible and other assets, net consisted of the following (in thousands):

 

     As of December 31,  
     2010     2011  

Internet domain names

   $ 15,683      $ 15,256   

Less accumulated amortization

     (13,877     (14,535
  

 

 

   

 

 

 

Internet domain names, net

     1,806        721   

Other assets:

    

Registration fees, net

     35        1,142   

Other

     229        328   
  

 

 

   

 

 

 

Total intangibles and other assets, net

   $ 2,070      $ 2,191   
  

 

 

   

 

 

 

The Company capitalizes costs incurred to acquire domain names or URLs, which include the initial registration fees, to other intangible assets which excludes intangible assets acquired through business combinations. The capitalized costs are amortized over the expected useful life of the domain names on a straight-line basis. The Company also capitalizes costs incurred to renew or extend the term of the domain names or URLs to prepaid expenses and other current assets or registration fees, net. The capitalized costs are amortized over the renewal or extended period on a straight-line basis. The total amount of costs incurred for the year ended December 31, 2011 to renew or extend the term for domain names was $2.2 million. The weighted average renewal period for registration fees as of December 31, 2011 was approximately 1.0 year.

Amortization expense for Internet domain names for the years ended December 31, 2009, 2010 and 2011, was approximately $2.0 million, $1.6 million and $1.2 million, respectively.

Based upon the current amount of domains subject to amortization, the estimated expense for the next five years is as follows: $506,000 in 2012, $175,000 in 2013, $40,000 in 2014 and $0 thereafter.