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Other intangible assets
 12 Months Ended
Dec. 31, 2013
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Other intangible assets
Other intangible assets
 
Other intangible assets consist of the following as of December 31, 2013 and 2012:
 
 
Favorable lease assets
 
Internet sites
 
Trade names
 
Total
 
 
$'000
 
$'000
 
$'000
 
$'000
 
 
 
 
 
 
 
 
 
Carrying amount:
 
 
 
 
 
 
 
 
Balance at January 1, 2012
 
13,460

 
1,609

 
7,100

 
22,169

Foreign currency translation adjustment
 
(489
)
 
83

 
—

 
(406
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
 
12,971

 
1,692

 
7,100

 
21,763

Impairment of intangible assets of discontinued operations
 
(2,815
)
 
—

 
—

 
(2,815
)
Foreign currency translation adjustment
 
(1,496
)
 
31

 
—

 
(1,465
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
 
8,660

 
1,723

 
7,100

 
17,483

 
 
 
 
 
 
 
 
 
Accumulated amortization:
 
 
 
 
 
 
 
 
Balance at January 1, 2012
 
1,972

 
732

 
 
 
2,704

Charge for the year
 
354

 
136

 
 
 
490

Foreign currency translation adjustment
 
(78
)
 
39

 
 
 
(39
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
 
2,248

 
907

 
 
 
3,155

 
 
 
 
 
 
 
 
 
Charge for the year
 
311

 
137

 
 
 
448

Foreign currency translation adjustment
 
(291
)
 
19

 
 
 
(272
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
 
2,268

 
1,063

 
 
 
3,331

 
 
 
 
 
 
 
 
 
Net book value:
 
 
 
 
 
 
 
 
December 31, 2011
 
11,488

 
877

 
7,100

 
19,465

 
 
 
 
 
 
 
 
 
December 31, 2012
 
10,723

 
785

 
7,100

 
18,608

 
 
 
 
 
 
 
 
 
December 31, 2013
 
6,392

 
660

 
7,100

 
14,152


An impairment of $2,815,000 was recognized for the year ended December 31, 2013. The intangible lease assets of Ubud Hanging Gardens were written down to $Nil. This impairment was recorded in discontinued operations, as the results of operations of this hotel have been presented as discontinued operations for the years ended December 31, 2013, 2012 and 2011. Its assets and liabilities, however, are not accounted for as held for sale at December 31, 2013 and 2012. See Note 4. There were no impairments of intangible assets in the years ended December 31, 2012 and 2011.

Amortization charge in the table above for the year ended December 31, 2013 includes an amount of $54,000 (2012 - $81,000) relating to Ubud Hanging Gardens, which is included in results of discontinued operations.

Amortization expense from continuing operations for the year ended December 31, 2013 was $394,000 (2012 - $409,000; 2011 - $413,000). Estimated amortization expense for each of the years ending December 31, 2014 to December 31, 2018 is $394,000.