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Intangible Assets
3 Months Ended
Mar. 31, 2015
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 for both the three months ended March 31, 2015 and 2014.

Intangible assets as of March 31, 2015 and December 31, 2014 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

March 31, 2015

 

 

 

 

 

 

 

 

Trademarks

$

1,272 

 

$

(1,107)

 

$

165 

Contracts- owned equipment

 

3,637 

 

 

(3,619)

 

 

18 

 

$

4,909 

 

$

(4,726)

 

$

183 

December 31, 2014

 

 

 

 

 

 

 

 

Trademarks

$

1,278 

 

$

(1,084)

 

$

194 

Contracts- owned equipment

 

3,812 

 

 

(3,733)

 

 

79 

 

$

5,090 

 

$

(4,817)

 

$

273