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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

The carrying amounts related to acquired intangible assets as of March 31, 2017 are as follows ($ in thousands):

 

    Net Carrying Amount     Weighted average
amortization period (years)
 
Patent Portfolios and Patent Rights at December 31, 2016, net   $ 4,951       3.65  
Amortization expenses     (338 )        
Patent Portfolios and Patent Rights at March 31, 2017, net   $ 4,613       3.41  
Schedule of amortization to acquired intangible assets

The amortization expenses related to acquired intangible assets for the three months ended March 31, 2017 and 2016 are as follows ($ in thousands):

 

    Amortization Expense for the Three Months
Ended March 31,
 
Date Acquired and Description   2017     2016  
7/24/13 - Rockstar patent portfolio   $ 18     $ 26  
9/10/13 - North South patent portfolio     5       8  
12/31/13 - Rockstar patent portfolio     315       497  
    $ 338     $ 531  

 

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  
Nine Months Ended December 31, 2017     53       17       965       1,035  
Year Ended December 31, 2018     71       22       1,280       1,373  
Year Ended December 31, 2019     71       22       1,280       1,373  
Year Ended December 31, 2020     71       22       638       731  
Year Ended December 31, 2021     71       22       -       93  
Thereafter     4       4       -       8  
Total   $ 341     $ 109     $ 4,163     $ 4,613