Acquisitions and Dispositions
 12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Acquisitions and Dispositions
Acquisitions and Dispositions
2014 Acquisitions and Dispositions
Country Weekly Acquisition
On November 7, 2014, the Company completed the purchase of Country Weekly magazine and its related business (“Country Weekly”) for $3.0 million in cash (the "Country Weekly Acquisition"). The Company had previously included NASH branded inserts into the Country Weekly publication.
Wise Brothers Acquisition
On August 1, 2014, the Company completed the purchase of Wise Brother Media, Inc. for $5.5 million in cash (the "Wise Brothers Acquisition"). Revenues attributable to the assets acquired in the Wise Brothers Acquisition were not material to the Company’s consolidated statement of operations for the year ended December 31, 2015.
The table below summarizes the purchase price allocation in the Wise Brothers Acquisition (dollars in thousands):
Allocation
Year Ended December 31, 2014
Property and equipment (see Note 5)
$
50

Deferred income taxes
100

Other intangibles
5,025

Goodwill
475

Current liabilities
(75
)
Other liabilities
(75
)
Total purchase price
$
5,500


The definite-lived intangible assets acquired in the Wise Brothers Acquisition are being amortized in relation to the expected economic benefits of such assets over their estimated useful lives and consist of the following (dollars in thousands):
Description
Estimated Useful Life in Years
 
Fair Value at Acquisition Date
Other intangibles - Programming content
4
 
$
5,025


Pro forma financial information for the Country Weekly Acquisition and Wise Brothers Acquisition is not required, as such information is not material to the Company's financial statements.