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Patents and Licensed Technologies, net
9 Months Ended
Sep. 30, 2014
Patents and Licensed Technologies, net [Abstract]  
Patents and Licensed Technologies, net
Note 5
Patents and Licensed Technologies, net:

  
September 30, 2014
  
December 31, 2013
 
  
(unaudited)
   
Gross Amount beginning of period
 
$
15,648
  
$
15,411
 
Additions
  
139
   
171
 
Translation differences
  
(49
)
  
66
 
Gross Amount end of period
  
15,738
   
15,648
 
         
Accumulated amortization
  
(6,357
)
  
(4,816
)
 
Patents and licensed technologies, net
 
$
9,381
  
$
10,832
 

Related amortization expense was $1,541 and $1,532 for the nine months ended September 30, 2014 and 2013, respectively.

Estimated amortization expense for amortizable patents and licensed technologies assets for the next five years is as follows:

Last three months of 2014
 
$
515
 
2015
  
2,048
 
2016
  
2,024
 
2017
  
909
 
2018
  
899
 
Thereafter
  
2,986
 
Total
 
$
9,381