XML 63 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2014
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

4 INTANGIBLE ASSETS

        As of December 31, 2014 and 2013, intangible assets that will continue to be amortized and those not amortized were:

                                                                                                                                                                                    

 

 

Weighted
Average
Amortization
Period
(years)

 

2014

 

2013

 

 

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Water pumping rights

 

usage

 

$

1,084 

 

$

85 

 

$

999 

 

$

1,084 

 

$

85 

 

$

999 

 

Water planning studies

 

11 

 

 

12,984 

 

 

6,729 

 

 

6,255 

 

 

12,567 

 

 

5,517 

 

 

7,040 

 

Leasehold improvements and other

 

20 

 

 

1,310 

 

 

583 

 

 

727 

 

 

1,191 

 

 

411 

 

 

780 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

 

$

15,378 

 

$

7,397 

 

$

7,981 

 

$

14,842 

 

$

6,013 

 

$

8,829 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Perpetual water rights and other

 

 

 

$

3,390 

 

$

 

$

3,390 

 

$

3,390 

 

$

 

$

3,390 

 

        Water pumping rights usage is the amount of water pumped from aquifers to be treated and distributed to customers.

        For the years ended December 31, 2014, 2013, and 2012, amortization of intangible assets was $1,384, $1,354, and $1,298, respectively. Estimated future amortization expense related to intangible assets for the succeeding five years is approximately $1,478, $1,277, $1,150, $1,026, 725, and $2,325 thereafter.