Intangible Assets

12 Months Ended

Dec. 31, 2011

Other Intangible Assets [Abstract]

Intangible Assets

(5) Intangible Assets

The Company's intangible assets as of December 31, 2011 and 2010 were as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
2011
Trademarks	$	1,278	$	(702	)	$	576
Contracts - third party		3,650		(2,738	)		912
Contracts - owned equipment		3,924		(3,079	)		845
Intangible assets	$	8,852	$	(6,519	)	$	2,333

2010
Trademarks	$	1,278	$	(574	)	$	704
Non-compete agreements		146		(138	)		8
Contracts - third party		3,650		(2,216	)		1,434
Contracts - owned equipment		3,965		(2,518	)		1,447
Intangible assets	$	9,039	$	(5,446	)	$	3,593

Intangible assets allocated to the container leasing and container management reporting units, net of accumulated amortization, were $1.1 million and $1.2 million, respectively, as of December 31, 2011, and $1.7 million and $1.9 million, respectively, as of December 31, 2010.

Amortization recorded for the years ended December 31, 2011, 2010 and 2009 was $1.3 million, $1.4 million and $1.6 million, respectively. Estimated future amortization expenses are as follows (in thousands):

2012	$	846
2013		717
2014		325
2015		325
2016 and thereafter		120
	$	2,333