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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.