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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
INTANGIBLE ASSETS [Abstract]  
Schedule of intangible assets

Intangible assets consisted of the following (dollars in thousands):

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

Weighted

 

Gross

 

 

 

 

Net

 

Average

 

Carrying

 

Accumulated

 

Carrying

 

Useful Life

 

 Amount

 

 Amortization

 

 Value

 

(in Years)

Developed technology

$

 3,900

 

$

(3,900)

 

$

 

 

Vision development costs

 

2,929

 

 

(452)

 

 

2,477

 

8.0

Software development costs

 

 1,008

 

 

 

 

 1,008

 

 

 

$

 7,837

 

$

(4,352)

 

$

 3,485

 

8.0

                                                                                      

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

Weighted

 

Gross

 

 

 

 

Net

 

Average

 

Carrying

 

Accumulated

 

Carrying

 

Useful Life

 

 Amount

 

 Amortization

 

 Value

 

(in Years)

Developed technology

$

 3,900

 

$

(3,900)

 

$

 

Vision development costs

 

 2,885

 

 

(90)

 

 

 2,795

 

 8.0

 

$ 

6,785

 

$

(3,990)

 

$

 2,795

 

8.0

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of estimated future amortization expense

The estimated future amortization expense related to other intangible assets for the next five fiscal years is as follows (dollars in thousands):

 

 

 

Amortization

 

 

 

Expense

2018

 

$

 367

2019

 

 

 367

2020

 

 

 367

2021

 

 

 367

2022

 

 

 367