XML 30 R12.htm IDEA: XBRL DOCUMENT v3.6.0.2
Intangible Assets, Net
12 Months Ended
Dec. 31, 2016
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

5.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2016:



 

 

 

 

 

 

 

 

 

 

 



Gross Carrying Amount

 

Accumulated Amortization

 

Accumulated Impairment Loss

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$

428,783 

 

$

(86,552)

 

$

-

 

$

342,231 

Customer lists

 

371,203 

 

 

(131,525)

 

 

-

 

 

239,678 

Permits and other

 

290,823 

 

 

(21,966)

 

 

-

 

 

268,857 



 

1,090,809 

 

 

(240,043)

 

 

-

 

 

850,766 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Solid waste collection and transportation permits

 

152,761 

 

 

-

 

 

-

 

 

152,761 

Material recycling facility permits

 

42,283 

 

 

-

 

 

-

 

 

42,283 

E&P facility permits

 

59,855 

 

 

-

 

 

(38,507)

 

 

21,348 



 

254,899 

 

 

-

 

 

(38,507)

 

 

216,392 

Intangible assets, exclusive of goodwill

$

1,345,708 

 

$

(240,043)

 

$

(38,507)

 

$

1,067,158 



 

 

 

 

 

 

 

 

 

 

 



The weighted-average amortization period of long-term franchise agreements and contracts acquired during the year ended December 31, 2016 was 15.5 years. The weighted-average amortization period of customer lists acquired during the year ended December 31, 2016 was 11.5 years.  The weighted-average amortization period of finite-lived permits and other acquired during the year ended December 31, 2016 was 20.0 years.

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2015:



 

 

 

 

 

 

 

 

 

 

 

 

 



Gross Carrying Amount

 

Accumulated Amortization

 

Accumulated Impairment Loss

 

Net Carrying Amount

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Long-term franchise agreements and contracts

$

210,384 

 

$

(60,205)

 

$

-

 

$

150,179 

Customer lists

 

173,855 

 

 

(96,941)

 

 

-

 

 

76,914 

Permits and other

 

81,240 

 

 

(13,587)

 

 

-

 

 

67,653 



 

465,479 

 

 

(170,733)

 

 

-

 

 

294,746 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Solid waste collection and transportation permits

 

152,761 

 

 

-

 

 

-

 

 

152,761 

Material recycling facility permits

 

42,283 

 

 

-

 

 

-

 

 

42,283 

E&P facility permits

 

59,855 

 

 

-

 

 

(38,351)

 

 

21,504 



 

254,899 

 

 

-

 

 

(38,351)

 

 

216,548 

Intangible assets, exclusive of goodwill

$

720,378 

 

$

(170,733)

 

$

(38,351)

 

$

511,294 



Estimated future amortization expense for the next five years relating to finite-lived intangible assets is as follows: 



 

 

 

For the year ending December 31, 2017

 

$

94,503 

For the year ending December 31, 2018

 

$

89,135 

For the year ending December 31, 2019

 

$

80,015 

For the year ending December 31, 2020

 

$

72,439 

For the year ending December 31, 2021

 

$

64,441