Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2014

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Intangible Assets, net

($ amounts in thousands)

	September 30, 2014							December 31, 2013
			Accumulated							Accumulated
	Cost		Amortization			Net		Cost		Amortization			Net
Developed products (1)	$	989,955	$	(314,543	)	$	675,412	$	878,607	$	(204,218	)	$	674,389
Other product related royalty streams	115,600		(32,995		)	82,605		115,600		(22,709		)	92,891
IPR&D (2)	376,673		—			376,673		298,100		—			298,100
Trade names (3)	27,100		(83		)	27,017		26,400		—			26,400
Other	1,000		(786		)	214		1,000		(132		)	868
	$	1,510,328	$	(348,407	)	$	1,161,921	$	1,319,707	$	(227,059	)	$	1,092,648

(1) Developed products include intangible assets related to commercial products as part of the Merger, subsequently developed IPR&D, products acquired from the Watson/Actavis Merger, and intangible assets related to commercial products as part of the JHP Acquisition. These products are amortized based on its remaining useful life.

(2) IPR&D indefinite-lived assets include IPR&D as part of the Merger, IPR&D acquired from the Watson/Actavis Merger, and IPR&D acquired as part of the JHP Acquisition.

(3) Trade names include Par and JHP trade names. JHP trade name is amortized over its useful life, while the Par trade name is treated as an indefinite-lived asset and is not amortized.

Schedule of Future Amortization Expense

The following table assumes the intangible asset related to the Par trade name as an indefinite-lived asset that will not be amortized in the future.

($ amounts in thousands)

	Estimated
	Amortization
	Expense
Remainder of 2014	$	69,809
2015	178,636
2016	172,693
2017	202,519
2018	158,776
2019 and thereafter	353,088
	$	1,135,521