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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2014
INTANGIBLE ASSETS, NET  
INTANGIBLE ASSETS, NET

 

8.     INTANGIBLE ASSETS, NET

        Intangible assets as of December 31, 2013 and 2014 comprise the following:

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2013

 

2014

 

 

 

Cost

 

Accumulated
amortization

 

Cost

 

Accumulated
amortization

 

Broadcasting licenses

 

$

81,211

 

$

(21,535

)

$

51,212

 

$

(22,846

)

Cable network connections

 

 

47,473

 

 

(27,051

)

 

30,132

 

 

(18,787

)

Trade names

 

 

5,332

 

 

 

 

3,510

 

 

 

Other intangible assets

 

 

7,811

 

 

(2,935

)

 

4,854

 

 

(2,092

)

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

141,827

 

$

(51,521

)

$

89,708

 

$

(43,725

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

        Amortization expense was $14,806, $23,786 and $18,298 in 2012, 2013 and 2014, respectively.

        Estimated future amortization expenses related to amortizable intangible assets are as follows:

                                                                                                                                                                                    

For the year ended December 31, 2015

 

$

9,482 

 

For the year ended December 31, 2016

 

 

9,195 

 

For the year ended December 31, 2017

 

 

6,928 

 

For the year ended December 31, 2018

 

 

6,775 

 

For the year ended December 31, 2019

 

 

2,515 

 

For the year ended December 31, 2020 and thereafter

 

 

7,578 

 

​  

​  

 

 

$

42,473 

 

​  

​  

​  

​  

​  

 

        Depending on further information about the terms of the transition to digital broadcasting, the Company may need to revise the remaining useful life of its broadcasting licenses.