XML 48 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets
 6 Months Ended
Jun. 30, 2014
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 – owned equipment

  5-7 years

 

Total amortization expense was $0.1 million and $0.2 million for the three months ended June 30, 2014 and 2013, respectively, and $0.2 million and $0.5 million for the six months ended June 30, 2014 and 2013, respectively.

Intangible assets as of June 30, 2014 and December 31, 2013 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

June 30, 2014

 

 

 

 

 

 

 

 

Trademarks

$
1,279 

 

$
(1,026)

 

$
253 

Contracts- owned equipment

 
4,019 

 

 
(3,796)

 

 
223 

 

$
5,298 

 

$
(4,822)

 

$
476 

December 31, 2013

 

 

 

 

 

 

 

 

Trademarks

$
1,278 

 

$
(962)

 

$
316 

Contracts- owned equipment

 
4,037 

 

 
(3,676)

 

 
361 

 

$
5,315 

 

$
(4,638)

 

$
677