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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2016
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill, by operating segment

There were no changes to the Company’s goodwill balances from January 1, 2014 through December 31, 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

U.S.

    

International

    

 

Renewable

    

 

 

 

 

 

Telecom

 

Telecom

 

Energy

 

Consolidated

 

Balance at December 31, 2015

 

$

39,639

 

$

5,438

 

$

 —

 

$

45,077

 

Acquisitions

 

 

3,121

 

 

20,586

 

 

3,279

 

 

26,986

 

Deconsolidation of Subsidiary

 

 

 —

 

 

(1,698)

 

 

 —

 

 

(1,698)

 

Impairment

 

 

(7,491)

 

 

 —

 

 

 —

 

 

(7,491)

 

Balance at December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

42,759

 

 

24,326

 

 

3,279

 

 

70,364

 

Accumulated Impairment

 

 

(7,491)

 

 

 —

 

 

 —

 

 

(7,491)

 

Net

 

$

35,268

 

$

24,326

 

$

3,279

 

$

62,873

 

 

Schedule of changes in the carrying amount of the Company's telecommunications licenses, by operating segment

The changes in the carrying amount of the Company’s telecommunications licenses, by operating segment, for the three years ended December 31, 2016 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

    

U.S.

    

Int'l

    

 

 

 

 

 

Telecom

 

Telecom

 

Consolidated

 

Balance at December 31, 2014

 

$

24,944

 

$

19,146

 

$

44,090

 

Amortization

 

 

 —

 

 

(622)

 

 

(622)

 

Balance at December 31, 2015

 

$

24,944

 

$

18,524

 

$

43,468

 

Deconsolidation of subsidiary

 

 

 —

 

 

(2,178)

 

 

(2,178)

 

Acquired licenses

 

 

 —

 

 

7,623

 

 

7,623

 

Amortization

 

 

 —

 

 

(622)

 

 

(622)

 

Balance at December 31, 2016

 

$

24,944

 

$

23,347

 

$

48,291

 

 

Schedule of future amortization of customer relationships, in Island Wireless segment

Future amortization of customer relationships, in our International Telecom segment, is as follows (in thousands):

 

 

 

 

 

 

    

Future Amortization

 

2017

 

$

3,281

 

2018

 

 

2,411

 

2019

 

 

1,897

 

2020

 

 

1,528

 

2021

 

 

1,300

 

Thereafter

 

 

4,612

 

Total

 

$

15,029