XML 35 R18.htm IDEA: XBRL DOCUMENT v3.3.1.900
Intangibles
12 Months Ended
Dec. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets Disclosure [Text Block]
11. Intangible Assets, Net
A summary of intangible assets, net is presented in the table below:
 
December 31, 2015
 
December 31, 2014
 
Weighted Average
Amortization
Period (Years)
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
 
(In thousands)
 
 
Customer relationships
$
7,551

 
$
(3,921
)
 
$
3,630

 
$
7,551

 
$
(3,366
)
 
$
4,185

 
6.5
Pipeline rights-of-way
6,414

 
(2,287
)
 
4,127

 
8,403

 
(4,015
)
 
4,388

 
6.4
 
$
13,965

 
$
(6,208
)
 
$
7,757

 
$
15,954

 
$
(7,381
)
 
$
8,573

 
 

Intangible asset amortization expense was $1.2 million, $1.3 million and $0.7 million for the years ended December 31, 2015, 2014 and 2013, respectively, based upon estimates of useful lives ranging from 1 to 35 years.
Estimated amortization expense for the next five fiscal years is as follows (in thousands):
2016
$
1,110

2017
1,110

2018
1,110

2019
1,110

2020
1,110