Cablevision 2012 Annual Report Download - page 166

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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-38
The minimum future annual payments for all operating leases from continuing operations (with initial or
remaining terms in excess of one year) during the next five years and thereafter, including pole rentals
from January 1, 2013 through December 31, 2017, at rates now in force are as follows:
2013 ........................................................................................................................................................ $71,257
2014 ........................................................................................................................................................ 74,001
2015 ........................................................................................................................................................ 65,268
2016 ........................................................................................................................................................ 58,254
2017 ........................................................................................................................................................ 46,473
Thereafter ............................................................................................................................................... 58,363
NOTE 9. INTANGIBLE ASSETS
The following table summarizes information relating to the Company's acquired intangible assets at
December 31, 2012 and 2011:
December 31, Estimated
2012 2011 Useful Lives
Gross carrying amount of other amortizable intangible
assets
Customer relationships ........................................................
.
$ 257,608 $ 256,882 7 to 18 years
Advertiser relationships ......................................................
.
33,294 33,294 4 to 10 years
Other amortizable intangibles .............................................
.
79,886 77,738 3 to 28 years
370,788 367,914
Accumulated amortization
Customer relationships ........................................................
.
(105,604) (63,783)
Advertiser relationships ......................................................
.
(18,497) (14,656)
Other amortizable intangibles .............................................
.
(44,122) (36,604)
(168,223) (115,043)
Other amortizable intangible assets, net of accumulated
amortization ........................................................................
.
$ 202,565 $ 252,871
Indefinite-lived intangible assets
FCC licenses and other intangibles .....................................
.
$ 4,482 $ 10,595
Trademarks ........................................................................
.
32,300 45,300
Other indefinite-lived intangible assets ..............................
.
$ 36,782 $ 55,895
Other amortizable intangible assets, net of accumulated
amortization ........................................................................
.
$ 202,565 $ 252,871
Indefinite-lived cable television franchises ............................
.
1,240,228 1,240,228
Other indefinite-lived intangible assets ..................................
.
36,782 55,895
Goodwill .................................................................................
.
442,773 442,773
Total intangible assets, net ......................................................
.
$1,922,348 $1,991,767
Aggregate amortization expense
Years ended December 31, 2012 and 2011 (excluding
impairment charges of $13,000 and $11,000,
respectively) ....................................................................
.
$ 53,180 $ 58,571
Estimated amortization expense
Year ending December 31, 2013 ............................................
.
$ 45,635
Year ending December 31, 2014 ............................................
.
38,325
Year ending December 31, 2015 ............................................
.
32,523
Year ending December 31, 2016 ............................................
.
26,765
Year ending December 31, 2017 ............................................
.
21,629