GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

3. GOODWILL AND INTANGIBLE ASSETS

Goodwill:

Goodwill by reporting unit as at December 31, 2016 and December 31, 2015 is summarized as follows:



	Bulgaria			Croatia			Czech Republic			Romania			Slovak Republic			Slovenia			Total
Gross Balance, December 31, 2014	$	175,494		$	11,065		$	800,640		$	94,777		$	53,088		$	19,400		$	1,154,464
Accumulated impairment losses	(144,639		)	(10,454		)	(287,545		)	(11,028		)	—			(19,400		)	(473,066		)
Balance, December 31, 2014	30,855			611			513,095			83,749			53,088			—			681,398
Foreign currency	(3,129		)	(60		)	(41,149		)	(9,334		)	(5,483		)	—			(59,155		)
Balance, December 31, 2015	27,726			551			471,946			74,415			47,605			—			622,243
Accumulated impairment losses	(144,639		)	(10,454		)	(287,545		)	(11,028		)	—			(19,400		)	(473,066		)
Gross Balance, December 31, 2015	$	172,365		$	11,005		$	759,491		$	85,443		$	47,605		$	19,400		$	1,095,309



	Bulgaria			Croatia			Czech Republic			Romania			Slovak Republic			Slovenia			Total
Gross Balance, December 31, 2015	$	172,365		$	11,005		$	759,491		$	85,443		$	47,605		$	19,400		$	1,095,309
Accumulated impairment losses	(144,639		)	(10,454		)	(287,545		)	(11,028		)	—			(19,400		)	(473,066		)
Balance, December 31, 2015	27,726			551			471,946			74,415			47,605			—			622,243
Foreign currency	(976		)	(17		)	(15,008		)	(2,657		)	(1,516		)	—			(20,174		)
Balance, December 31, 2016	26,750			534			456,938			71,758			46,089			—			602,069
Accumulated impairment losses	(144,639		)	(10,454		)	(287,545		)	(11,028		)	—			(19,400		)	(473,066		)
Gross Balance, December 31, 2016	$	171,389		$	10,988		$	744,483		$	82,786		$	46,089		$	19,400		$	1,075,135

Other intangible assets:

Changes in the net book value of our other intangible assets as at December 31, 2016 and December 31, 2015 is summarized as follows:



	December 31, 2016							December 31, 2015
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Indefinite-lived:
Trademarks	$	80,324	$	—		$	80,324	$	83,188	$	—		$	83,188
Amortized:
Broadcast licenses	185,686		(130,325		)	55,361		191,860		(127,613		)	64,247
Trademarks	591		(591		)	—		614		(614		)	—
Customer relationships	51,338		(48,997		)	2,341		53,120		(49,672		)	3,448
Other	1,522		(1,208		)	314		2,138		(1,859		)	279
Total	$	319,461	$	(181,121	)	$	138,340	$	330,920	$	(179,758	)	$	151,162

Broadcast licenses consist of our TV NOVA license in the Czech Republic, which is amortized on a straight-line basis through the expiration date of the license in 2025. Our 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.

The estimated amortization expense for our intangible assets with finite lives as of December 31, 2016 is as follows:



2017	$	7,777
2018	7,703
2019	7,240
2020	7,020
2021	6,960

Impairment of goodwill and other intangible assets:

As discussed in Note 2, "Basis of Presentation and Summary of Significant Accounting Policies", we elected to change the date of our assessment for all of our reporting units from December 31 to October 1, with effect from October 1, 2016. Upon conclusion of this assessment, we determined that the fair values of our goodwill were substantially in excess of their respective carrying values.

We did not recognize any impairment charges in respect of goodwill and other intangible assets during the years ended December 31, 2016, 2015 or 2014.

- 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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