Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v2.4.0.6
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets [Abstract]  
Summary of intangible assets
                                                         
          December 31, 2011     December 31, 2010  
    Weighted Average
Useful Lives
    Gross
Carrying
Value
    Accumulated
Amortization
    Net Carrying
Value
    Gross
Carrying
Value
    Accumulated
Amortization
    Net Carrying
Value
 

Indefinite life intangible assets:

                                                       

FCC licenses

    Indefinite     $ 2,083,654     $     $ 2,083,654     $ 2,083,654     $     $ 2,083,654  

Trademark

    Indefinite       250,000             250,000       250,000             250,000  

Definite life intangible assets:

                                                       

Subscriber relationships

    9 years       380,000       (191,201     188,799       380,000       (144,325     235,675  

Licensing agreements

    9.1 years       78,897       (34,145     44,752       78,897       (24,130     54,767  

Proprietary software

    6 years       16,552       (11,507     5,045       16,552       (9,566     6,986  

Developed technology

    10 years       2,000       (683     1,317       2,000       (483     1,517  

Leasehold interests

    7.4 years       132       (61     71       132       (43     89  
           

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total intangible assets

          $ 2,811,235     $ (237,597   $ 2,573,638     $ 2,811,235     $ (178,547   $ 2,632,688  
           

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Years in which each of our licenses expires
         

FCC license

  Expiration year  

SIRIUS FM-1 satellite

    2017  

SIRIUS FM-2 satellite

    2017  

SIRIUS FM-3 satellite

    2017  

SIRIUS FM-4 satellite(1)

    2017  

SIRIUS FM-5 satellite

    2017  

SIRIUS FM-6 satellite

    (2

XM-1 satellite

    2014  

XM-2 satellite

    2014  

XM-3 satellite

    2013  

XM-4 satellite

    2014  

XM-5 satellite

    2018  

 

(1) In 2010, we retired our FM-4 ground spare satellite. We still maintain the FCC license for this satellite.
(2) We hold an FCC license for our FM-6 satellite, which will expire eight years from when this satellite is launched and placed into operation.
Expected amortization expense for each of the fiscal years
         

Year ending December 31,

  Amount  

2012

  $ 53,680  

2013

    47,357  

2014

    38,879  

2015

    37,553  

2016

    31,959  

Thereafter

    30,556  
   

 

 

 

Total definite life intangibles assets, net

  $ 239,984