Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.2
Intangible Assets
9 Months Ended
Sep. 30, 2021
Intangible Assets  
Intangible Assets

(6) Intangible Assets

Intangible Assets Subject to Amortization, net

    

September 30, 2021

    

December 31, 2020

Gross

Net

Gross

Net

carrying

Accumulated

carrying

carrying

Accumulated

carrying

    

amount

    

amortization

    

amount

    

amount

    

amortization

    

amount

amounts in thousands

Customer relationships

$

515,000

(37,725)

477,275

560,212

(13,687)

546,525

Other amortizable intangibles

 

135,435

(23,483)

111,952

 

137,315

(9,791)

127,524

Total

$

650,435

(61,208)

589,227

697,527

(23,478)

674,049

Amortization expense for intangible assets with finite useful lives was $18.7 million and $2.9 thousand for the three months ended September 30, 2021 and 2020, respectively, and $55.9 million and $877.7 thousand for the nine months ended September 30, 2021 and 2020, respectively. Amortization expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in thousands):

Remainder of 2021

$

18,468

2022

$

64,759

2023

$

58,340

2024

$

52,159

2025

$

50,565