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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortization to acquired intangible assets

The gross carrying amounts related to acquired intangible assets as of March 31, 2016 are as follows ($ in thousands):

 

    Net Carrying Amount     Weighted average 
amortization period
(years)
 
Patent Portfolios at December 31, 2015, net   $ 9,799       4.63  
Amortization expenses     (531 )        
Patent Portfolios at March 31, 2016, net   $ 9,268       4.38  

 

The accumulated amortization related to acquired intangible assets for the three months ended March 31, 2016 and 2015 are as follows ($ in thousands):

 

    Amortization Expense for the Three Months
Ended March 31,
 
Date Acquired and Description   2016     2015  
7/24/13 - Rockstar patent portfolio   $ 26     $ 116  
9/10/13 - North South patent portfolio     8       32  
12/31/13 - Rockstar patent portfolio     497       2,274  
    $ 531     $ 2,422  
Future amortization of all patents

The future amortization of these intangible assets was based on the adjusted carrying amount. Future amortization of all patents is as follows ($ in thousands):

 

    Rockstar     North South     Rockstar        
    Portfolio     Portfolio     Portfolio        
    Acquired     Acquired     Acquired     Total  
    24-Jul-13     10-Sep-13     31-Dec-13     Amortization  
Nine Months Ended December 31, 2016   $ 78     $ 23     $ 1,502     $ 1,603  
Year Ended December 31, 2017     104       30       1,995       2,129  
Year Ended December 31, 2018     104       31       1,995       2,130  
Year Ended December 31, 2019     104       31       1,995       2,130  
Year Ended December 31, 2020     104       31       995       1,130  
Thereafter     110       36       -       146  
Total   $ 604     $ 182     $ 8,482     $ 9,268