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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

The gross carrying amounts related to acquired intangible assets as of September 30, 2016 are as follows ($ in thousands):

 

    Net Carrying Amount     Weighted average
amortization period
(years)
 
Patent Portfolios and Patent Rights at December 31, 2015, net   $ 9,799       4.63  
Amortization expenses     (1,598 )        
Patent Portfolios and Patent Rights at September 30, 2016, net   $ 8,201       3.89  
Schedule of amortization expenses intangible assets

The amortization expenses related to acquired intangible assets for the three and nine months ended September 30, 2016 and 2015 are as follows ($ in thousands):

 

    For the Three Months Ended September 30,     For the Nine Months Ended September 30,  
Date Acquired and Description   2016     2015     2016     2015  
7/24/13 - Rockstar patent portfolio   $ 26     $ 35     $ 78     $ 268  
9/10/13 - North South patent portfolio     8       10       23       74  
12/31/13 - Rockstar patent portfolio     502       677       1,497       5,252  
    $ 536     $ 722     $ 1,598     $ 5,594
Schedule of future amortization of intangible assets

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  
Three Months Ended December 31, 2016   $ 26     $ 8     $ 502     $ 536  
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   $ 552     $ 167     $ 7,482     $ 8,201