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4. Patents
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Patents

4. PATENTS

 

Acacia’s only identifiable intangible assets at June 30, 2019 and December 31, 2018 are patents and patent rights. Patent-related accumulated amortization totaled $321,054,000 and $319,580,000 as of June 30, 2019 and December 31, 2018, respectively. Acacia’s patents have remaining estimated economic useful lives ranging from ten to sixty months. The weighted-average remaining estimated economic useful life of Acacia’s patents is approximately four years.

 

The following table presents the scheduled annual aggregate amortization expense as of June 30, 2019:

 

For the years ending December 31,     
  (In thousands)      
 Remainder of 2019   $1,720 
 2020    2,555 
 2021    1,695 
 2022    1,695 
 2023    1,620 
 Thereafter    249 
     $9,534