Annual report pursuant to Section 13 and 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)

v3.8.0.1
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The following table summarizes the Company's intangibles related to the Traditional and Entertainment Golf businesses:
 
December 31, 2017
 
December 31, 2016
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
Trade name
$
700

 
$
(93
)
 
$
607

 
$
700

 
$
(70
)
 
$
630

Leasehold intangibles (A)
48,107

 
(16,716
)
 
31,391

 
48,107

 
(12,550
)
 
35,557

Management contracts
35,111

 
(13,468
)
 
21,643

 
35,207

 
(10,434
)
 
24,773

Internally-developed software
800

 
(640
)
 
160

 
800

 
(480
)
 
320

Membership base
5,236

 
(2,992
)
 
2,244

 
5,236

 
(2,244
)
 
2,992

Nonamortizable liquor licenses
1,231

 
—

 
1,231

 
840

 
—

 
840

Total intangibles
$
91,185

 
$
(33,909
)
 
$
57,276

 
$
90,890

 
$
(25,778
)
 
$
65,112

(A)
The amortization expense for leasehold intangibles is reported in operating expenses in the Consolidated Statements of Operations.
Schedule of future amortization expense
The unamortized balance of intangible assets at December 31, 2017 is expected to be amortized as follows:
2018
$
8,055

2019
7,258

2020
6,714

2021
4,762

2022
3,553

Thereafter
25,703

Total amortizable intangible assets
56,045

Nonamortizable liquor licenses
1,231

Total intangible assets
$
57,276