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IDENTIFIABLE INTANGIBLE ASSETS, NONCURRENT LIABILITY AND GOODWILL (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of identifiable intangible assets and a noncurrent liability, which are subject to amortization
Identifiable intangible assets and the noncurrent liability, which are subject to amortization, were as follows:
 
June 30, 2014
 
Useful lives
(In years)
 
Gross carrying amount
 
Accumulated amortization
 
Net
 
(Dollars in thousands)
Favorable gas gathering contracts
18.7
 
$
24,195

 
$
(7,185
)
 
$
17,010

Contract intangibles
12.5
 
426,464

 
(59,318
)
 
367,146

Rights-of-way
24.2
 
111,975

 
(10,052
)
 
101,923

Total amortizable intangible assets
 
 
$
562,634

 
$
(76,555
)
 
$
486,079

 
 
 
 
 
 
 
 
Unfavorable gas gathering contract
10.0
 
$
10,962

 
$
(5,007
)
 
$
5,955

 
December 31, 2013
 
Useful lives
(In years)
 
Gross carrying amount
 
Accumulated amortization
 
Net
 
(Dollars in thousands)
Favorable gas gathering contracts
18.7
 
$
24,195

 
$
(6,315
)
 
$
17,880

Contract intangibles
12.5
 
426,464

 
(43,158
)
 
383,306

Rights-of-way
24.3
 
108,706

 
(7,715
)
 
100,991

Total amortizable intangible assets
 
 
$
559,365

 
$
(57,188
)
 
$
502,177

 
 
 
 
 
 
 
 
Unfavorable gas gathering contract
10.0
 
$
10,962

 
$
(4,588
)
 
$
6,374

Schedule of recognized amortization expense within the statements of operations
We recognized amortization expense in revenues as follows:
 
Three months ended June 30,
 
Six months ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Amortization expense – favorable gas gathering contracts
$
(436
)
 
$
(527
)
 
$
(870
)
 
$
(1,099
)
Amortization expense – unfavorable gas gathering contract
211

 
277

 
419

 
569

Amortization of favorable and unfavorable contracts
$
(225
)
 
$
(250
)
 
$
(451
)
 
$
(530
)

We recognized amortization expense in costs and expenses as follows:
 
Three months ended June 30,
 
Six months ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Amortization expense – contract intangibles
$
8,198

 
$
7,421

 
$
16,160

 
$
12,709

Amortization expense – rights-of-way
1,178

 
872

 
2,337

 
1,680

Schedule of estimated aggregate amortization of intangible assets and the noncurrent liability for each of the five succeeding fiscal years
The estimated aggregate annual amortization of intangible assets and noncurrent liability expected to be recognized for the remainder of 2014 and each of the four succeeding fiscal years follows.
 
Assets
 
Liability
 
(In thousands)
2014
$
20,589

 
$
806

2015
43,872

 
1,650

2016
44,114

 
1,571

2017
42,846

 
1,438

2018
43,115

 
490