Annual report pursuant to Section 13 and 15(d)

Investment in Films and Television Programs, Net

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Investment in Films and Television Programs, Net
12 Months Ended
Dec. 31, 2013
Investment In Films And Television Programs, Net [Abstract]  
Investment in Films and Television Programs, Net
Investment in Films and Television Programs, Net

Investment in films and television programs, net consists of the following (in thousands):

 
December 31,
 
2013
 
2012
Released film costs - theatrical, less amortization
$
2,599

 
$
3,650

Film costs – television and DVD:
 
 
 
Released, less amortization
44,173

 
44,101

Completed, but not released
89,978

 
343

In production
54,201

 
128,535

Development and pre-production
3,630

 
5,044

 
$
194,581

 
$
181,673



Approximately 89% of the unamortized film costs (theatrical, television and DVD) for released films of $46.8 million at December 31, 2013 are expected to be amortized within three years. Approximately $80.5 million of the costs of Released and Completed, but not released films of $136.8 million at December 31, 2013 are expected to be amortized during the next twelve months.

As a result of changes in ultimate revenue estimates, Starz Distribution recognized impairments of investment in films and television programs totaling $2.6 million, $17.2 million and $12.9 million for the years ended December 31, 2013, 2012 and 2011, respectively. Such impairments are included in production and acquisition costs in the consolidated statements of operations.