Goodwill and intangible assets

8. Goodwill and intangible assets

The changes in the carrying amount of goodwill and intangible assets for the year ended December 31, 2012 are as follows:

	Balance as of December 31, 2011		Additions		Amortization			Balance as of December 31, 2012

Goodwill	$	25,512	$	1,232	$	—		$	26,744
Intangible assets subject to amortization		9,846		1,851		(1,103	)		10,594

Total	$	35,358	$	3,083	$	(1,103	)	$	37,338

Intangible assets at December 31, 2012 consist of the following:

	Weighted Average Life	Historical Cost		Accumulated Amortization			Net

Venue contracts	11 years	$	26,886	$	(17,783	)	$	9,103
Technology	5 years		1,110		(93	)		1,017
Advertiser relationships	5 years		70		(6	)		64
Patents, trademarks and other	5 years		839		(429	)		410

Total		$	28,905	$	(18,311	)	$	10,594

The changes in the carrying amount of goodwill and intangible assets for the year ended December 31, 2011 are as follows:

	Balance as of December 31, 2010		Additions		Amortization			Balance as of December 31, 2011

Goodwill	$	25,512	$	—	$	—		$	25,512
Intangible assets subject to amortization		11,251		250		(1,655	)		9,846

Total	$	36,763	$	250	$	(1,655	)	$	35,358

Intangible assets at December 31, 2011 consist of the following:

	Weighted Average Life	Historical Cost		Accumulated Amortization			Net

Venue contracts	11 years	$	26,385	$	(16,874	)	$	9,511
Patents, trademarks and other	6 years		391		(56	)		335

		$	26,776	$	(16,930	)	$	9,846

Amortization expense for fiscal years 2013 through 2017 and thereafter is as follows:

Year	Amortization Expense

2013	$	1,220
2014		1,175
2015		1,127
2016		1,092
2017		970
Thereafter		5,010

	$	10,594

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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