Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)

v3.5.0.2
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The following table summarizes Newcastle’s intangible assets related to its Golf business:
 
September 30, 2016
 
December 31, 2015
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
Trade name
$
700

 
$
(64
)
 
$
636

 
$
700

 
$
(47
)
 
$
653

Leasehold intangibles (A)
49,861

 
(13,160
)
 
36,701

 
49,962

 
(9,817
)
 
40,145

Management contracts
36,222

 
(10,225
)
 
25,997

 
36,500

 
(7,911
)
 
28,589

Internally-developed software
800

 
(440
)
 
360

 
800

 
(320
)
 
480

Membership base
5,236

 
(2,057
)
 
3,179

 
5,236

 
(1,496
)
 
3,740

Nonamortizable liquor license
865

 
—

 
865

 
865

 
—

 
865

Total Intangibles
$
93,684

 
$
(25,946
)
 
$
67,738

 
$
94,063

 
$
(19,591
)
 
$
74,472

(A)
The amortization expense for leasehold intangibles is reported in operating expenses - golf in the Consolidated Statements of Operations.