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Intangible Assets
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 5.  Intangible Assets

 

Intangible assets consist primarily of software development costs and customer and reseller relationships which are amortized over the estimated useful life, generally on a straight-line basis with the exception of customer relationships, which are generally amortized straight line over the related asset’s pattern of economic benefit.(in thousands)

 

    March 31     December 31  
    2016     2015  
             
Horizon software   $ 18,589     $ 17,879  
ZTEsoft Telecom software     470       469  
Contractual relationships     885       885  
      19,944       19,233  
Less accumulated amortization     (10,216 )     (9,410 )
                 
Intangible assets, net   $ 9,728     $ 9,823  

 

Amortization of intangible assets for each of the next five years is estimated to be $2,000,000 per year