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