Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.2
Intangible Assets
6 Months Ended
Jun. 30, 2021
Intangible Assets  
Intangible Assets

(6) Intangible Assets

Intangible Assets Subject to Amortization, net

    

June 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

(26,350)

488,650

560,212

(13,687)

546,525

Other amortizable intangibles

 

134,210

(16,204)

118,006

 

137,315

(9,791)

127,524

Total

$

649,210

(42,554)

606,656

697,527

(23,478)

674,049

Amortization expense for intangible assets with finite useful lives was $18.7 million and $437.8 thousand for the three months ended June 30, 2021 and 2020, respectively, and $37.3 million and $874.8 thousand for the six months ended June 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

$

36,949

2022

$

64,319

2023

$

57,928

2024

$

51,805

2025

$

50,415