GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

GOODWILL AND INTANGIBLE ASSETS

Summary of changes in the goodwill by business segment

The following is a summary of changes in the Company’s goodwill by business segment, for the years ended December 31, 2012 and 2011 (in thousands):

	Membership Services		Retail		MS Media		Consolidated
Gross goodwill	$	56,030	$	47,601	$	46,884	$	150,515
Impairment prior to January 1, 2011	(6,086)		(47,601)		(46,884)		(100,571)
Balance as of January 1, 2011	$	49,944	$	-	$	-	$	49,944
Impairment	-		-		-		-
Balance as of December 31, 2011	49,944		-		-		49,944
Impairment	-		-		-		-
Balance as of December 31, 2012	$	49,944	$	-	$	-	$	49,944

Schedule of finite-lived intangible assets and related accumulated amortization

Finite-lived intangible assets and related accumulated amortization consisted of the following at December 31 (in thousands):

			2012
			Accumulated
	Gross		Amortization		Net
Membership and customer lists	$	33,933	$	(30,649)	$	3,284
Non-compete and deferred consulting agreements	18,275		(18,275)		-
Deferred financing costs	15,104		(6,023)		9,081
	$	67,312	$	(54,947)	$	12,365

			2011
			Accumulated
	Gross		Amortization		Net
Membership and customer lists	$	31,909	$	(29,288)	$	2,621
Non-compete and deferred consulting agreements	18,275		(18,014)		261
Deferred financing costs	15,400		(3,567)		11,833
	$	65,584	$	(50,869)	$	14,715

Schedule of aggregate future five-year amortization of finite-lived intangibles

The aggregate future five-year amortization of finite-lived intangibles at December 31, 2012 is as follows (in thousands):

2013	$	3,290
2014	3,086
2015	2,827
2016	2,646
2017	409
Thereafter	107
Total	$	12,365