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INTANGIBLES AND OTHER ASSETS
6 Months Ended
Jun. 30, 2011
Intangibles and Other Assets [Abstract]  
Intangibles And Other Assets [Text Block]
INTANGIBLES AND OTHER ASSETS
Long Lived intangible assets and other assets consisted of the following:
 
 
Dollars in Thousands
 
June 30, 2011
 
December 31, 2010
 
Cost
 
Accumulated
Amortization
 
Net Book
Value
 
Cost
 
Accumulated
Amortization
 
Net Book
Value
Intangibles—acquired technology
$
6,535


 
$
455


 
$
6,080


 
$
6,535


 
$


 
$
6,535


Intangibles—assay royalties
1,434


 
103


 
1,331


 
1,434


 


 
1,434


Intangibles—third party payor relationships
367


 


 
367


 
367


 


 
367


Intangibles—tradenames and trademarks
344


 
25


 
319


 
344


 


 
344


Patents
665


 
256


 
409


 
511


 
245


 
266


Intellectual property
20


 
4


 
16


 
290


 
274


 
16


 
$
9,365


 
$
843


 
$
8,522


 
$
9,481


 
$
519


 
$
8,962


 
 
 
 
Estimated Useful Life
Intellectual property
10 years
Patents
7 years
Intangibles—acquired technology
7 – 8 years
Intangibles—third party payor relationships
Indefinite
Intangibles—assay royalties
7 years
Intangibles—tradenames and trademarks
7 years
Other assets include US security deposits and deferred tax assets, net of applicable valuation allowances.
Amortization expense for intangible assets was $0.3 million and less than $0.1 million during the three months ended June 30, 2011 and 2010, respectively. Amortization expense for intangible assets was $0.6 million and less than $0.1 million during the six months ended June 30, 2011 and 2010, respectively. Amortization expense for intangible assets is expected to be $1.2 million in each of the years 2011 through 2017.