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Intangible Assets from Acquisitions
9 Months Ended
Sep. 30, 2013
Intangible Assets from Acquisitions

(11) Intangible Assets from Acquisitions

Intangible assets from acquisitions consisted of the following (in thousands):

 

     As of December 31, 2012  
     Gross
Carrying Amount
     Accumulated
Amortization(1)
    Net  

Advertiser relationship

   $ 3,070       $ (2,125   $ 945   

Distribution partner relationship

     4,830         (2,787     2,043   

Acquired technology

     2,760         (2,388     372   
  

 

 

    

 

 

   

 

 

 
   $ 10,660       $ (7,300   $ 3,360   
  

 

 

    

 

 

   

 

 

 

 

     As of September 30, 2013  
     Gross
Carrying Amount
     Accumulated
Amortization(1)
    Net  

Advertiser relationship

   $ 3,070       $ (3,046   $ 24   

Distribution partner relationship

     4,830         (3,994     836   
  

 

 

    

 

 

   

 

 

 
   $   7,900       $ (7,040   $    860   
  

 

 

    

 

 

   

 

 

 

 

(1) Excludes the original cost and accumulated amortization of fully-amortized intangible assets which were $82.1 million and $84.7 million at December 31, 2012 and September 30, 2013, respectively.

Amortizable intangible assets are amortized on a straight-line basis over their useful lives. Amortization expense incurred by the Company was approximately $1.1 million and $709,000 for the three months ended September 30, 2012 and 2013, respectively, and was $3.7 million and $2.5 million for the nine months ended September 30, 2012 and 2013, respectively. Based upon the current amount of intangible assets subject to amortization, the estimated amortization expense for the next five years is as follows: $427,000 for the remainder of 2013, $433,000 in 2014, and $0 thereafter.