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Intangibles
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles
Intangibles
The carrying value and accumulated amortization of intangible assets at December 31, 2015 and December 31, 2014, by major intangible asset category, is as follows (in thousands):
 
 
December 31, 2015
 
December 31, 2014
 
Carrying Value
 
Accumulated Amortization
 
Net Carrying Amount
 
Carrying Value
 
Accumulated Amortization
 
Net Carrying
Amount
Construction management contracts
$
4,640

 
$
(4,640
)
 
$

 
$
4,640

 
$
(3,683
)
 
$
957

Brand Name - Polygon Northwest Homes
$
6,700

 
$

 
$
6,700

 
$
6,700

 
$

 
$
6,700

Total intangibles
$
11,340

 
$
(4,640
)
 
$
6,700

 
$
11,340

 
$
(3,683
)
 
$
7,657


During the year ended December 31, 2014, the Company recorded an indefinite lived intangible asset relating to the Polygon Northwest Homes brand name. See Note 2 for further information. The Company evaluates indefinite lived intangible assets at least annually, or more frequently if events or circumstances exist that may indicate that the asset is impaired or that its life is finite.
Amortization expense related to intangible assets for the years ended December 31, 2015, 2014, and 2013 was $1.0 million, $1.8 million, and $1.9 million, respectively. As of December 31, 2015, the Company has fully amortized the value of all of the intangible assets it held with finite lives.