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GOODWILL
12 Months Ended
Dec. 31, 2013
GOODWILL  
GOODWILL

9.     GOODWILL

        Goodwill as of December 31, 2011, 2012 and 2013 comprises the following:

 
  Balance
December 31,
2011
  Goodwill
acquired
  Foreign
currency
translation
adjustment
  Balance
December 31,
2012
 

CTC Channel

  $ 50,827     1,673     3,051   $ 55,551  

Domashny Channel

    26,019     482     1,538     28,039  

Peretz Channel

    58,258     321     3,496     62,075  

Channel 31

    99             99  

Production Group

    30,363         1,823     32,186  
                   

Total

  $ 165,566   $ 2,476   $ 9,908   $ 177,950  
                   
                   


 

 
  Balance
December 31,
2012
  Impairment
loss
  Foreign
currency
translation
adjustment
  Balance
December 31,
2013
 

CTC Channel

  $ 55,551         (4,000 ) $ 51,551  

Domashny Channel

    28,039         (2,022 )   26,017  

Peretz Channel

    62,075         (4,466 )   57,609  

Channel 31

    99             99  

Production Group

    32,186     (29,869 )   (2,317 )    
                   

Total

  $ 177,950   $ (29,869 ) $ (12,805 ) $ 135,276  
                   
                   

        The Company has accumulated impairment losses against goodwill totaling $58,189 at each balance sheet date presented related to the Channel 31. These impairment losses were recorded in 2008 as a result of annual impairment tests. In addition, in 2011 and 2013, the Company recorded a noncash impairment loss of $71,688 and $29,869, respectively, related to the impairment of goodwill of the Peretz Channel and in-house production unit. See Notes 2 and 10.