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Intangible Assets
6 Months Ended
Jun. 30, 2012
Intangible Assets [Abstract]  
Intangible Assets
(5)  
Intangible Assets
 
The Company amortizes intangible assets on a straight line basis over their estimated useful lives as follows:
 
Trademarks
                 1-10 years
Contracts - third party
                 7 years
Contracts - owned equipment
                 5-7 years
 
Total amortization expense was $0.2 million and $0.3 million for the three months ended June 30, 2012 and 2011, respectively, and $0.5 million and $0.7 million for the six months ended June 30, 2012 and 2011, respectively.

Intangible assets as of June 30, 2012 and December 31, 2011 were as follows (in thousands):
 
June 30, 2012
 
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net Carrying
Amount
 
Trademarks
 
$
1,277
   
$
(766
)
 
$
511
 
Contracts - third party
   
3,650
     
(2,998
)
   
652
 
Contracts - owned equipment
   
3,873
     
(3,176
)
   
697
 
Total intangible assets
 
$
8,800
   
$
(6,940
)
 
$
1,860
 

 
December 31, 2011
 
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net Carrying
Amount
 
Trademarks
 
$
1,278
   
$
(702
)
 
$
576
 
Contracts - third party
   
3,650
     
(2,738
)
   
912
 
Contracts - owned equipment
   
3,924
     
(3,079
)
   
845
 
Total intangible assets
 
$
8,852
   
$
(6,519
)
 
$
2,333