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Intangible Assets
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 3.  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  
    2017     2016  
             
Horizon software   $ 18,400     $ 18,634  
ZTEsoft Telecom software     441       438  
Contractual relationships     885       885  
      19,726       19,957  
Less accumulated amortization     (11,843 )     (11,550 )
                 
Intangible assets, net   $ 7,883     $ 8,407  

 

Amortization of intangible assets for each of the next five years is estimated to be $2,100,000 per year