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Intangible Assets
3 Months Ended
Mar. 31, 2012
Intangible Assets [Abstract]  
Intangible Assets
7. Intangible Assets

Intangible assets consist of the following:

 

                                                     
        March 31, 2012     December 31, 2011  
        Gross           Net     Gross           Net  
        Carrying     Accumulated     Carrying     Carrying     Accumulated     Carrying  
    Useful Life   Amount     Amortization     Amount     Amount     Amortization     Amount  

FundQuest customer list

  7 years   $ 11,830     $ (1,020 )      10,810     $ 11,830     $ (167 )    $ 11,663  

Oberon customer list

  8 years     3,644       (3,302 )      342       3,644       (3,189 )      455  

B-Ready customer list

  4 years     209       (115 )      94       209       (102 )      107  
       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total intangible assets

      $ 15,683     $ (4,437 )    $ 11,246     $ 15,683     $ (3,458 )    $ 12,225  
       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Amortization expense for intangible assets was as follows:

 

                 
    Three Months Ended  
    March 31,  
    2012     2011  

Amortization expense

  $ 979     $ 282