Intangible Assets

3 Months Ended

Mar. 31, 2015

Intangible Assets

Intangible Assets

Note 5 — Intangible Assets

The following table summarizes the Company’s acquired intangible assets (in thousands):

	March 31, 2015				December 31, 2014
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Client relationships	$	33,825	$	20,312	$	36,412	$	20,758
Acquired contract rights	10,989		9,779		11,387		9,717
Trade names	2,673		1,030		3,023		1,065
Total	$	47,487	$	31,121	$	50,822	$	31,540
Intangible assets, net	$	16,366			$	19,282

Amortization expense related to intangible assets was as follows (in thousands):

Three Months Ended March 31,
2015		2014
$	1,420	$	1,586

The following table presents the estimated amortization expense based on our present intangible assets for the next five years (in thousands):

	Estimated
	Amortization
Year ending December 31,	Expense
2015 (remaining 9 months)	$	3,684
2016	3,712
2017	2,766
2018	1,879
2019	1,609