GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill:

Goodwill by reporting unit as at September 30, 2014 and December 31, 2013 is summarized as follows:



	Gross Balance, December 31, 2013		Accumulated Impairment Losses			Balance, December 31, 2013		Foreign Currency			Balance, September 30, 2014		Accumulated Impairment Losses			Gross Balance, September 30, 2014
Bulgaria	$	179,609	$	(144,639	)	$	34,970	$	(3,043	)	$	31,927	$	(144,639	)	$	176,566
Croatia	11,149		(10,454		)	695		(55		)	640		(10,454		)	11,094
Czech Republic	876,447		(287,545		)	588,902		(52,834		)	536,068		(287,545		)	823,613
Romania	109,028		(11,028		)	98,000		(6,832		)	91,168		(11,028		)	102,196
Slovak Republic	60,303		—			60,303		(5,282		)	55,021		—			55,021
Slovenia	19,400		(19,400		)	—		—			—		(19,400		)	19,400
Total	$	1,255,936	$	(473,066	)	$	782,870	$	(68,046	)	$	714,824	$	(473,066	)	$	1,187,890

Broadcast licenses and other intangible assets:

Changes in the net book value of our broadcast licenses and other intangible assets as at September 30, 2014 and December 31, 2013 are summarized as follows:



				Amortized Intangible Assets
	Trademarks			Broadcast Licenses			Customer Relationships			Other			Total
BALANCE December 31, 2013	$	112,477		$	97,807		$	12,042		$	1,489		$	223,815
Amortization	—			(6,488		)	(2,879		)	(225		)	(9,592		)
Disposal	—			—			—			(683		)	(683		)
Foreign currency movements	(9,375		)	(8,302		)	(820		)	(46		)	(18,543		)
BALANCE September 30, 2014	$	103,102		$	83,017		$	8,343		$	535		$	194,997

Our broadcast licenses above represents our license in the Czech Republic, which is amortized on a straight-line basis through the expiration date of the license, which is 2025.

Customer relationships are deemed to have an economic useful life of, and are amortized on a straight-line basis over, five years to fifteen years. Trademarks have an indefinite life.

The gross value and accumulated amortization of broadcast licenses and other intangible assets was as follows as at September 30, 2014 and December 31, 2013:



	September 30, 2014			December 31, 2013
Gross value	$	289,325		$	318,600
Accumulated amortization	(197,430		)	(207,262		)
Net book value of amortized intangible assets	91,895			111,338
Indefinite-lived trademarks	103,102			112,477
Total broadcast licenses and other intangible assets, net	$	194,997		$	223,815

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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