XML 54 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Intangible and other assets, net
 9 Months Ended
Sep. 30, 2012
Intangible and Other Assets Net [Abstract]  
Intangible and other assets, net

(13) Intangible and other assets, net

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

 

                 
    At December 31,
2011		     At September 30,
2012		  

Internet domain names

   $ 15,256     $ 14,876  

Less accumulated amortization

     (14,535 )      (14,513 ) 
   

 

 

    

 

 

  

Internet domain names, net

     721       363  

Registration fees, net

     1,142       165  

Other

     328       279  
   

 

 

    

 

 

  

Total intangibles and other assets, net

   $ 2,191     $ 807  
   

 

 

    

 

 

  

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 three and nine months ended September 30, 2012 to renew or extend the term for domain names was $91,000 and $2.3 million, respectively. The weighted average renewal period for registration fees as of September 30, 2012 was approximately one year.

Amortization expense for internet domain names was approximately $274,000 and $76,000 for the three months ended September 30, 2011 and 2012, respectively, and was $886,000 and $443,000 for the nine months ended September 30, 2011 and 2012, respectively. Based upon the current amount of domains subject to amortization, the estimated expense for the next five years is as follows: $102,000 for the remainder of 2012, $221,000 in 2013, $40,000 in 2014, and $0 thereafter.