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Intangible Assets, Net
9 Months Ended
Sep. 30, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

3. Intangible Assets, Net

Intangible assets, net are summarized as follows:

 

     September 30,
2013
    December 31,
2012
 
($ in thousands)             

Definite-lived intangible assets:

    

Investment contracts

   $ 162,358      $ 197,704   

Accumulated amortization

     (148,867     (181,409
  

 

 

   

 

 

 

Definite-lived intangible assets, net

     13,491        16,295   

Indefinite-lived intangible assets

     32,416        32,416   
  

 

 

   

 

 

 

Total intangible assets, net

   $ 45,907      $ 48,711   
  

 

 

   

 

 

 

 

Activity in intangible assets, net is as follows:

 

     Nine Months Ended
September 30,
 
     2013     2012  
($ in thousands)             

Intangible assets, net

    

Balance, beginning of period

   $ 48,711      $ 52,096   

Purchases

     356        350   

Amortization

     (3,160     (2,893
  

 

 

   

 

 

 

Balance, end of period

   $ 45,907      $ 49,553