Intangible Assets

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 4. Intangible Assets

Intangible assets consist primarily of software development costs, acquired gaming software 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 over the greater of straight-line or the related asset’s pattern of economic benefit.(in thousands)

	June 30			December 31
	2018			2017
Horizon software	$	6,527		$	6,527
Social online application software		2,210			—
Customer lists		997			—
Gaming software		10,076			—
		19,810			6,527
Less accumulated amortization		(2,418	)		(1,187	)
Intangible assets, net	$	17,392		$	5,340

Amortization of intangible assets for each of the next five years is estimated to be $3,900,000 per year.