XML 38 R11.htm IDEA: XBRL DOCUMENT v3.3.1.900
Amortizable Intangible Assets
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets
Amortizable Intangible Assets
Amortizable intangible assets at December 31, 2015 and 2014 consisted of the following:
 
December 31, 2015
 
December 31, 2014
(in thousands)
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Weighted
Average
Life
(Years)(1)
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Weighted
Average
Life
(Years)(1)
Purchased customer accounts
$
1,398,986

 
$
(656,799
)
 
$
742,187

 
15.0
 
$
1,355,550

 
$
(574,285
)
 
$
781,265

 
14.9
Non-compete agreements
29,440

 
(26,947
)
 
2,493

 
6.8
 
29,139

 
(25,762
)
 
3,377

 
6.8
Total
$
1,428,426

 
$
(683,746
)
 
$
744,680

 
 
 
$
1,384,689

 
$
(600,047
)
 
$
784,642

 
 
(1)
Weighted average life calculated as of the date of acquisition.
Amortization expense for amortizable intangible assets for the years ending December 31, 2016, 2017, 2018, 2019 and 2020 is estimated to be $84.5 million, $81.6 million, $76.3 million, $71.8 million, and $64.5 million, respectively.