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Patent Assets, Net
6 Months Ended
Jun. 30, 2016
Patent Assets, Net [Abstract]  
Patent Assets, Net
Patent Assets, Net
Patent assets, net, consisted of the following (in thousands):
 
December 31,
2015
 
Additions
 
Disposals
 
June 30,
2016
Patent assets
$
824,258

 
$
37,160

 
$
(3,867
)
 
$
857,551

Accumulated amortization
(569,698
)
 
(79,430
)
 
3,822

 
(645,306
)
Patent assets, net
$
254,560

 
 
 
 
 
$
212,245


The Company’s acquired patent assets relate to technologies used or supplied by companies in a variety of market sectors, including consumer electronics, e-commerce, financial services, media distribution, mobile communications, networking, semiconductors and software. The Company amortizes each acquired patent asset portfolio on a straight-line basis over its estimated economic useful life. As of June 30, 2016, the estimated economic useful lives of the Company’s patent assets generally ranged from 24 to 60 months. As of June 30, 2016, the weighted-average estimated economic useful life at the time of acquisition of all patent assets acquired since the Company’s inception was 43 months.

As of June 30, 2016, the Company expects amortization expense in future periods to be as follows (in thousands):
2016 (remainder)
$
69,839

2017
89,922

2018
34,798

2019
14,674

2020
3,012

Total estimated future amortization expense
$
212,245



Amortization expense related to the Company's patent assets was $37.7 million and $35.1 million for the three months ended June 30, 2016 and 2015, respectively, and $79.5 million and $68.2 million for the six months ended June 30, 2016 and 2015, respectively.