2.2.0.7 false Intangible Assets 0204 - Disclosure - Intangible Assets true false false false 1 USD false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 Intangible Assets [Abstract] 0 us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 3 INTANGIBLE ASSETS 1 us-gaap_IntangibleAssetsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0   <div style="font-family: 'Times New Roman',Times,serif"> <div align="left" style="font-size: 10pt; margin-top: 12pt"><b>4. INTANGIBLE ASSETS</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     We have recorded intangible assets as a result of the METC acquisition in 2006. The carrying value of these assets was $47.1 million (net of accumulated amortization of $11.3 million) as of September 30, 2010. </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     In addition, during 2009, ITC Great Plains recorded intangible assets for rights we acquired from certain transmission owners, who have agreed to designate ITC Great Plains to build, own and operate projects within the SPP region, including the KETA Project and the Kansas V-Plan. The carrying amount of these intangible assets was $2.7 million (net of accumulated amortization of $0.1 million) as of September 30, 2010. </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     During the three and nine months ended September 30, 2010 and 2009, we recognized $0.8 million and $2.3 million, respectively, of amortization expense of our intangible assets. For each of the next five years, we expect the annual amortization of our intangible assets that were recorded as of September 30, 2010 to be approximately $3.1 million per year. </div> </div>  <!-- Begin Block Tagged Note false false false us-types:textBlockItemType textblock This block of text may be used to disclose all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 false 1 2 false UnKnown UnKnown UnKnown false true