INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

The Company's intangible assets at June 30, 2015 and December 31, 2014 consisted of the following (in thousands): 

	June 30, 2015							December 31, 2014
	Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Amortization Period	Weighted  Average  Useful Life
Supply and distribution agreements	$	829,159	$	(206,236	)	$	622,923	$	842,642	$	(188,441	)	$	654,201	10 - 20 years	16 years
Technology	111,447		(51,958		)	59,489		108,987		(43,746		)	65,241		1 - 5 years	5 years
Patents	1,623		(1,543		)	80		1,623		(1,524		)	99		15 years	15 years
Internet domain names	38,808		(18,638		)	20,170		41,652		(16,895		)	24,757		2 - 20 years	8 years
Trade names	1,672,973		(143,426		)	1,529,547		1,674,218		(100,850		)	1,573,368		5 - 20 years	20 years
Non-compete agreements	21,900		(7,483		)	14,417		21,000		(3,908		)	17,092		3 - 4 years	3 years
Other	141		(138		)	3		141		(138		)	3		3 - 10 years	3 years
Total intangible assets	$	2,676,051	$	(429,422	)	$	2,246,629	$	2,690,263	$	(355,502	)	$	2,334,761

Annual estimated amortization expense for intangible assets for the remainder of 2015, the next five years and thereafter

The amortization expense for intangible assets for the remainder of 2015, the annual expense for the next five years, and the expense thereafter is expected to be as follows (in thousands): 

2015	$	84,437
2016	167,649
2017	160,323
2018	141,745
2019	131,630
2020	124,177
Thereafter	1,436,668
	$	2,246,629

Goodwill

The change in goodwill for the six months ended June 30, 2015 consists of the following (in thousands): 

Balance at December 31, 2014	$	3,326,474
Acquisitions	49,162
Currency translation adjustments	(9,240		)
Balance at June 30, 2015	$	3,366,396