Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)

v2.4.1.9
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)
 3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The following table summarizes Newcastle’s intangible assets related to its Golf business:
 
March 31, 2015
 
December 31, 2014
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
   Trade name
$
700

 
$
(29
)
 
$
671

 
$
700

 
$
(23
)
 
$
677

   Leasehold intangibles (1)
50,275

 
(6,507
)
 
43,768

 
50,275

 
(5,206
)
 
45,069

   Management contracts
37,650

 
(5,833
)
 
31,817

 
37,650

 
(4,666
)
 
32,984

   Internally-developed software
800

 
(200
)
 
600

 
800

 
(160
)
 
640

   Membership base
5,214

 
(935
)
 
4,279

 
5,214

 
(748
)
 
4,466

   Nonamortizable liquor license
865

 
—

 
865

 
850

 
—

 
850

Total Intangibles
$
95,504

 
$
(13,504
)
 
$
82,000

 
$
95,489

 
$
(10,803
)
 
$
84,686

(1) The amortization expense for leasehold intangibles is reported in operating expense - golf on the consolidated statements of operations.