Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Based upon the purchase price and the valuation of Bit-isle, the purchase price allocation was as follows (in thousands):



Cash and cash equivalent	$	33,198
Accounts receivable	7,359
Other current assets	51,038
Long-term investments	3,806
Property, plant and equipment	308,985
Goodwill	95,444
Intangible assets	111,374
Other assets	22,981
Total assets acquired	634,185
Accounts payable and accrued expenses	(15,028		)
Accrued property, plant and equipment	(465		)
Capital lease and other financing obligations	(108,833		)
Mortgage and loans payable	(190,227		)
Other current liabilities	(8,689		)
Deferred tax liabilities	(32,192		)
Other liabilities	(3,384		)
Net assets acquired	$	275,367

The following table presents certain information on the acquired identifiable intangible assets (dollars in thousands):



Intangible assets	Fair value		Estimated useful lives (years)	Weighted-average estimated useful lives (years)
Customer relationships	$	105,434	13	13.0
Trade name	3,455		2	2.0
Favorable solar contracts	2,410		18	18.0
Other intangible assets	75		0.25	0.25

The following table sets forth the unaudited pro forma consolidated combined results of operations for the years ended December 31 (in thousands):

Based upon the purchase price and the valuation of Frankfurt Kleyer 90 Carrier Hotel, the purchase price allocation was as follows (in thousands):



Property, plant and equipment	$	85,969
Intangible assets	10,011
Total assets acquired	95,980
Mortgage payable	(42,906)
Intangible - unfavorable leases	(2,982)
Net assets acquired	$	50,092

The following table presents certain information on the acquired identifiable intangible assets (dollars in thousands):



Intangible assets	Fair value		Estimated useful lives (years)	Weighted-average estimated useful lives (years)
Customer contracts	$	9,363	0.3 - 8	4.9
Unfavorable leases	(2,982)		1 - 6	4.8
Favorable leases	648		1 - 8	7.5