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Intangible Assets
 9 Months Ended
Sep. 30, 2013
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 for the three months ended September 30, 2013 and 2012, and $0.7 million for the nine months ended September 30, 2013 and 2012.

Intangible assets as of September 30, 2013 and December 31, 2012 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

September 30, 2013

 

 

 

 

 

 

 

 

Trademarks

$
1,278 

 

$
(929)

 

$
349 

Contracts- third party

 
3,650 

 

 
(3,650)

 

 

 -

Contracts- owned equipment

 
4,003 

 

 
(3,583)

 

 
420 

 

$
8,931 

 

$
(8,162)

 

$
769 

December 31, 2012

 

 

 

 

 

 

 

 

Trademarks

$
1,278 

 

$
(831)

 

$
447 

Contracts- third party

 
3,650 

 

 
(3,259)

 

 
391 

Contracts- owned equipment

 
3,960 

 

 
(3,357)

 

 
603 

 

$
8,888 

 

$
(7,447)

 

$
1,441