Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Components of Acquired Intangible Assets

Intangible assets subject to amortization consisted of the following (in thousands):

		December 31, 2016
Intangible	Estimated useful life	Gross carrying amount			Accumulated Amortization			Net carrying amount
Investment Management and Advisory Contracts	9 years		$	3,181		$	1,425		$	1,756
Trademarks	10 years			433			174			259
Proprietary Software and Technology	4 years			960			960			-
			$	4,574		$	2,559		$	2,015

		December 31, 2015
Intangible	Estimated useful life	Gross carrying amount			Accumulated Amortization			Net carrying amount
Investment Management and Advisory Contracts	9 years		$	3,181		$	1,072		$	2,109
Trademarks	10 years			433			131			302
Proprietary Software and     Technology	4 years			960			727			233
			$	4,574		$	1,930		$	2,644

Amortization Expense Related to Intangible Assets

Estimated amortization expense for each of the five succeeding years and thereafter is as follows (in thousands):

Year ending December 31,
2017	$397
2018	397
2019	397
2020	397
2021	386
2022	41
	$2,015