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PROGRAMMING RIGHTS, NET
6 Months Ended
Jun. 30, 2014
PROGRAMMING RIGHTS, NET  
PROGRAMMING RIGHTS, NET

5. PROGRAMMING RIGHTS, NET

        Programming rights as of December 31, 2013 and June 30, 2014 comprise the following:

 
  December 31,
2013
  June 30,
2014
 

Internally produced—TV broadcasting and theatrical:

             

Released:

             

Historical cost

  $ 167,182   $ 167,536  

Accumulated amortization

    (158,996 )   (160,156 )
           
​ ​ ​ ​ ​ ​ ​ ​

Released, net book value

    8,186     7,380  
           
​ ​ ​ ​ ​ ​ ​ ​

Completed and not released

    7,318     4,298  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

    15,504     11,678  
           
​ ​ ​ ​ ​ ​ ​ ​

Acquired rights:

             

Historical cost

    777,719     791,554  

Accumulated amortization

    (499,224 )   (515,133 )
           
​ ​ ​ ​ ​ ​ ​ ​

Net book value

    278,495     276,421  
           
​ ​ ​ ​ ​ ​ ​ ​

Total programming rights

  $ 293,999   $ 288,099  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Current portion

  $ 172,197   $ 166,349  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Non-current portion

  $ 121,802   $ 121,750  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

        The Company expects to amortize approximately $7,990 of internally produced TV programming for its completed and released programs and completed but not yet released programs during the twelve months ending June 30, 2015. In addition, the Company expects to amortize all of its unamortized internally produced programming rights within the three years following June 30, 2014.