INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2014

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

Note 4. INTANGIBLE ASSETS

Intangible assets were acquired in the FTW acquisition (as defined in Note 17).  Following is detailed information regarding the Company's intangible assets (amounts in thousands):

	December 31, 2014
	Gross Amount		Accumulated Amortization			Net Carrying Amount
Amortizable:
Customer lists		3,760		(157	)		3,603
Unamortizable:
Tradenames		306		-			306
Total	$	4,066	$	(157	)	$	3,909

Customer lists have a 20 year useful life.

The Company recorded amortization expense on intangible assets from continuing operations of $0.2 million for the year ended December 31, 2014.  Estimated aggregate future amortization expense related to intangible assets is as follows (amounts in thousands):

2015	$	188
2016		188
2017		188
2018		188
2019		188
Thereafter		2,663
	$	3,603