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Acquired Intangible Assets
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Acquired Intangible Assets
Acquired Intangible Assets:

As part of a business acquisition in 2014, the Company recorded $4,880 in intangible assets, measured at fair value, and reflected in the table below. Acquired intangible assets are amortized using the straight-line method over their estimated useful life, which approximates the expected use of these assets. Amortization expense amounted to $488 for each year ended December 31, 2015, 2016, and 2017, respectively. Amortization expense of $2,440 will be recognized over the next five years, or $488 per year.
 
 
 
December 31, 2016
 
December 31, 2017
 
 
 
 
 
 
 
Useful
Live
(years)
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade Names
10
 
$
1,040

 
$
(234
)
 
$
806

 
$
1,040

 
$
(338
)
 
$
702

Developed technology
10
 
2,980

 
(670
)
 
2,310

 
2,980

 
(968
)
 
2,012

Customer relationships
10
 
860

 
(194
)
 
666

 
860

 
(280
)
 
580

 
 
 
$
4,880

 
$
(1,098
)
 
$
3,782

 
$
4,880

 
$
(1,586
)
 
$
3,294