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Intangible Assets, Net
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
INTANGIBLE ASSETS, NET
Intangible Assets
Intangible assets consists of a covenant not to compete with a former executive which was amortized over a three year period and intangible assets related to the acquisition of Amcom Software, Inc. and subsidiaries ("Amcom") on March 3, 2011 that are being amortized over two to ten years. In 2015, we reviewed the remaining useful life of customer relationships that had initially been set to amortize over fifteen years. At the time the intangible assets were reassessed, they had been amortized for approximately three years. Upon reassessment, we determined the remaining useful life to be three years and are amortizing the remaining balance over this period. We have not recorded an impairment of our intangible assets during the years ended December 31, 2016, 2015 and 2014.
The net consolidated balance of intangible assets consisted of the following at December 31, 2016 and 2015: 
 
 
 
As of December 31,
 
 
 
2016
 
2015
(Dollars in thousands)
Useful Life (In Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Customer relationships
10
 
$
25,002

 
$
(14,585
)
 
$
10,417

 
$
25,002

 
$
(12,084
)
 
$
12,918

Acquired technology
2 - 4
 
8,452

 
(8,452
)
 

 
8,452

 
(8,339
)
 
113

Non-compete agreements
3
 

 

 

 
2,370

 
(2,352
)
 
18

Trademarks
6
 
5,754

 
(5,368
)
 
386

 
5,754

 
(3,839
)
 
1,915

Total amortizable intangible assets
2-10
 
$
39,208

 
$
(28,405
)
 
$
10,803

 
$
41,578

 
$
(26,614
)
 
$
14,964


Estimated amortization of intangible assets for future periods was as follows: 
For the year ending December 31,
(Dollars in thousands)
2017
$
2,886

2018
2,500

2019
2,500

2020
2,500

2021
417

Total
$
10,803