Quarterly report pursuant to Section 13 or 15(d)

Intangibles (Tables)

v2.4.0.8
Intangibles (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortization of the intangible lease asset
s reflected in the accompanying Consolidated Statements of Income as a reduction to lease revenue. This amount is included in amortization expense in the accompanying Consolidated Statements of Cash Flows. Refer to Note 4 for further discussion around the PNM Purchase Agreement.
Intangible Lease Asset
 
 
September 30, 2014
 
December 31, 2013
Intangible lease asset
 
$
1,094,771

 
$
1,094,771

Accumulated amortization
 
(948,800
)
 
(729,847
)
Net intangible lease asset
 
$
145,971


$
364,924

Remaining Estimated Amortization On Intangibles
Year ending December 31,
 
Amount
2014
 
$
72,986

2015
 
72,985

Total
 
$
145,971


Remaining estimated amortization on the lease
Remaining Estimated Amortization On Intangibles
Year ending December 31,
 
Amount
2014
 
$
72,986

2015
 
72,985

Total
 
$
145,971