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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The components of net definite-lived intangible assets are as follows:
 
(in thousands)
 
June 30, 2017
 
December 31, 2016
 
Weighted Average
 
 
 
Gross Carrying 
Amount
 
Accumulated 
Amortization
 
Gross Carrying
 Amount
 
Accumulated 
Amortization
 
Amortization 
Period
 
Acquired ANDA intangible assets
 
$
42,076
 
$
(10,491)
 
$
42,076
 
$
(8,390)
 
10.0 years
 
NDAs and product rights
 
 
184,306
 
 
(26,859)
 
 
150,250
 
 
(17,081)
 
10.0 years
 
Marketing and distribution rights
 
 
11,042
 
 
(3,963)
 
 
11,042
 
 
(2,662)
 
4.7 years
 
Non-compete agreement
 
 
624
 
 
(111)
 
 
624
 
 
(67)
 
7.0 years
 
 
 
$
238,048
 
$
(41,424)
 
$
203,992
 
$
(28,200)
 
 
 
Finite-lived Intangible Assets Amortization Expense
Expected future amortization expense is as follows:
 
(in thousands)
 
 
 
 
2017 (remainder of the year)
 
$
13,502
 
2018
 
 
26,825
 
2019
 
 
26,825
 
2020
 
 
26,343
 
2021
 
 
24,898
 
2022 and thereafter
 
 
78,231
 
Total
 
$
196,624