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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Intangible Assets

Intangible assets are summarized as follows:

 

     December 31,  
     2012     2011  
($ in thousands)             

Definite-lived intangible assets:

    

Investment contracts

   $ 197,704      $ 269,489   

Accumulated amortization

     (181,409     (249,809
  

 

 

   

 

 

 

Definite-lived intangible assets, net

     16,295        19,680   

Indefinite-lived intangible assets

     32,416        32,416   
  

 

 

   

 

 

 

Total intangible assets, net

   $ 48,711      $ 52,096   
  

 

 

   

 

 

 
Schedule of Activity in Goodwill and Other Intangible Assets

Activity in goodwill and other intangible assets is as follows:

 

     Years Ended December 31,  
     2012     2011     2010  
($ in thousands)                   

Intangible assets

      

Balance, beginning of period

   $ 52,096      $ 52,977      $ 54,844   

Purchases

     560        3,068        3,055   

Amortization

     (3,945     (3,949     (4,922
  

 

 

   

 

 

   

 

 

 

Balance, end of period

   $ 48,711      $ 52,096      $ 52,977   
  

 

 

   

 

 

   

 

 

 

Goodwill

      

Balance, beginning of period

   $ 4,795      $ 4,795      $ 4,795   

Acquisition

     465        —          —     
  

 

 

   

 

 

   

 

 

 

Balance, end of period

   $ 5,260      $ 4,795      $ 4,795